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Home Clinton microloans pilot project thing USKleinunternehmen Kiva pilot micro-loans to US small businesses, Clinton says it is 'a very big deal' Kiva pilot micro-loans to US small businesses, Clinton says it is 'a very big deal'
Do you have a favorite coffee shop or seamstress in your neighborhood? Now you inspired a lot more than just your favorite local businesses furniture cleaning that can do to a friend: Microloan giant, Kiva brings crowdfunding in US companies. Normally reserved for troubled, developing furniture cleaning countries entrepreneurs, Kiva is a new project, called Zip, so small businesses can solicit micro-investment from their neighbors piloting. "This is a very big deal," President Bill Clinton said, announcing the Zip pilot project in his hometown of Little Rock, Ark. "We were in a situation now where the only people who get real money to the people who do not take it to get." Invest online mass was an entrepreneurial dream for years, but political hangups with the Securities and Exchange Commission has delayed progress on the so-called "crowdfunding". To date, there are rules about the number of investors furniture cleaning who may have a company and their minimal personal wealth. ZIP deftly skirts Regulation: "Kiva is a non-profit making no money from the loans, we facilitate, instead we hang optional donations," says co-founder Premal Shah. "Kiva furniture cleaning lenders so that no money earn the money they lend, they only expect the money to be repaid translated as a loan. Because of this model Kiva crowdfunding platform falls outside SEC rules." Lending money, regardless of the Regulation, ie Kiva requires that small companies, organizations or individuals who vouch trust the "Trustee" for the credibility of the borrower. Board of Trustees function like any other notable investor in a startup, but in a more public way that allows the masses, without furniture cleaning an elite network of invest confidently established investors. Give microloans some viral flare "If borrowers successfully repay their loans, they are trustees and support other small businesses in their community." Ideally Success breeds furniture cleaning more success, facilitated a cascade of local consumption and investment. ZIP is dominated by local businesses with good social edge. Old Skool Cafe compile vulnerable youth piping hot java to give them a better future outside the prison system. furniture cleaning Mandela Foods Cooperative specializes in cooking healthy desserts. Loans start as low as $ 25. You can check out Kiva pilot project here.]]>
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