Kiva Zip is a 0% interest crowdfunded loan program. One designed specifically to support financially excluded aspiring micropreneurs. In other words, those deemed too young, too new, too unproven or too risky for other forms of capital.
FACT: Kiva Zip allows entrepreneurs as young as 16 years old to borrow capital for their startup.
IDEA: Work with teachers in BuildOn.org whose after-school program teaches kids in low-income neighbourhoods/ backgrounds to "end the cycle of poverty, illiteracy and low expectations" to try out a tiny experiment with one high school class in the Bronx. We taught the kids about 'social enterprises' and that by starting one, even a small one, it is possible to simultaneously generate income for yourself AND give back to the community. And then we challenged them to start one. Using small $25 and $50 loans crowdfunded via Kiva Zip. Oh, and in only 7 days.
If this works, we'll have achieved not just creating 16year old donors for BuildOn, but also teaching kids about being entrepreneurial and resourceful, and using these kids to raise the bar of expectations for what's possible in their communities.
2. service and education. break the cycle of poverty, illiteracy and low
expectations through service and education. break the cycle of poverty,
illiteracy and low expectations through service and education. break the
cycle of poverty, illiteracy and low expectations through service and
education. break the cycle of poverty, illiteracy and low expectations
through service and education. break the cycle of poverty, illiteracy and
low expectations through service and education. break the cycle of
poverty, illiteracy and low expectations through service and education.
break the cycle of poverty, illiteracy and low expectations through
service and education. break the cycle of poverty, illiteracy and low
expectations through service and education. break the cycle of poverty,
illiteracy and low expectations through service and education. break the
cycle of poverty, illiteracy and low expectations through service and
education. break the cycle of poverty, illiteracy and low expectations
through service and education. break the cycle of poverty, illiteracy and
low expectations through service and education. break the cycle of
poverty, illiteracy and low expectations through service and education.
break the cycle of poverty, illiteracy and low expectations through
service and education. break the cycle of poverty, illiteracy and low
expectations through service and education. break the cycle of poverty,
illiteracy and low expectations through service and education. break the
cycle of poverty, illiteracy and low expectations through service and
education. break the cycle of poverty, illiteracy and low expectations
through service and education. break the cycle of poverty, illiteracy and
3. Poverty is not natural...
it is man-made and it can
be overcome and
eradicated by the actions
of human beings.
4. Surrounding Community
Individual
EDUCATION,
EDUCATION,
SPARKING OFF A
EDUCATION
SOCIALLY POSITIVE
+
ENTERPRISE OR
‘RAISING
MOVEMENT
EXPECTATIONS OF
WHAT’S POSSIBLE’
5.
6. Communities
Individual
EDUCATION,
EDUCATION,
EDUCATION
+
+ SPARKING OFF A
SOCIALLY POSITIVE
ENTERPRISE OR
‘RAISING
MOVEMENT
EXPECTATIONS OF
WHAT’S POSSIBLE’
8. LOCAL YOUTH
STARTING YOUR FIRST
SOCIAL ENTERPRISE(s)
....WITH $100-$250
CAPITAL LENT TO YOU
BY THE KIVA COMMUNITY
9. “raising
expectations” of Fund-raising for
what Youth are schools
capable of
Learn what it’s like to be
entrepreneurial -
implement your idea,
organize resources
10. Can we really start
social enterprises
with $100-200?
11. Maya’s Ideas is on track to bring in
about $55,000 in sales this year, 10
percent of her profits to Atlanta-area
charities.
Featured in Forbes this year.
12. Ads that’ve appeared on Kidworth.com
"I can program your remote control" for $10
"Sponsor me to get an "A+" in Math," for $5
Homemade cookies $5
Custom song recording just for you $10
An emerging wordsmith asks to write a letter or story for customers for the
same price. $10
And then there's this clever $5 promotion: "Like your brand on Facebook."
Read more: http://www.youngentrepreneur.com/blog/kidworth-hopes-to-turn-enterprising-youngsters-into-kidpreneurs/#ixzz2QG4CwKsl
13.
14. “you don’t have to
use a lot of money to
start a new business,
you just have to use
the passion and skills
you already have”