Los Angeles Microfinance Network

04/23/2016

"If business can get the backing from their social networks, they can access the newer Kiva Zip platform to crowdfund loans of up to $10,000, that carry 0% interest, no fees and terms of up to three years. Borrowers must meet their fundraising goal to receive any of the money."
http://www.wsj.com/articles/kiva-sets-new-rules-for-u-s-borrowers-to-get-crowd-funded-loans-1450305877

We are changing our website! We will soon be at http://www.microfinance.la

Stay in the loop for updates!
LAMN

Lending platform Kiva.org is scrapping its traditional approach to microfinance in the U.S. and instead is turning to something it calls social underwriting.

04/12/2015

Anyone enjoy Cool Haus ice cream??? They were started by a microloan.

12/09/2014

Green Business Networking's HOLIDAY PARTY is TONIGHT, TONIGHT, TONIGHT. Come out for an outstanding evening, and connect with other likeminded individuals who are trying to make a difference!

Sponsored by GBN & Thrive Market

Vendors:
Organic Mixology - organic mixed drinks
Ludlows Cocktail Co. - jelly shots
Purium Health Products - superfood drinks
Rawkin R.A.W. - 100% vegan superfood chocolates
Effie Foods - probiotic CareBars
KeVita - probiotic drinks
Mamma Chia - organic vitality drinks
Beanfields Snacks, Certified B Corp - organic, vegan chips

Co-Hosted by LA Green Drinks, SoCal B Corps, Net Impact LA,
Sustainable Business Council, PGA-Green and Mother Jones in LA

11/25/2014

Wonderful to hear about this happening in our beautiful city

Grameen America has helped thousands of low-income Los Angeles women build businesses, create jobs and lift their families out of poverty. Find out more abou...

09/15/2014

The world will be a completely different place 25 years from now and Indonesia will be a completely different country, [Dr. Yunus] noted, saying: “Change is guaranteed but we have a choice to make sure that the changes benefit all members of society.”
http://www.thejakartaglobe.com/business/microfinance-first-step-poverty-eradication/

Financial inclusion has long been viewed as one of the key drivers of poverty reduction. The argument is that if the unbankable segments of society had access to capital, they would be able to pull themselves out of poverty.

07/10/2014

Today and today only lend money on Kiva and you may have your loan matched! DO IT! It takes only 5 minutes!

http://www.kiva.org/team/lamn

Make a loan to an entrepreneur across the globe for as little as $25. Kiva is the world's first online lending platform connecting online lenders to entrepreneurs across the globe.

06/25/2014

Excellent interview with one of our favorite people, Jessica Jackley, co-founder of Kiva, on why she wants Silicon Valley to achieve social good.

http://venturebeat.com/2014/06/23/why-kiva-cofounder-wants-silicon-valley-to-achieve-social-good-interview/

Jessica Jackley has used crowdfunding at Kiva and ProFounder to achieve a larger social aim.

06/18/2014

The Holy Grail of Microfinance Research. Our friend David Roodman gets a shout-out here too!

http://cfi-blog.org/2014/06/13/the-holy-grail-of-microfinance-research/?utm_content=buffer5e110&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

> Posted by Tyler Owens, Management Intern, Microfinance CEO Working Group The Holy Grail of research for the global microfinance sector is incontrovertible proof that the provision of small lo...

06/10/2014

Microfinance comes to LA! Keep an eye out for an upcoming event, and an excellent new partnership with Kiva Zip here in LA!

"Kiva Zip microlending program hopes to be the Lyft or AirBnB of finance"

http://www.latimes.com/business/la-fi-mo-kiva-zip-microlending-20140514-story.html

Microlending nonprofit Kiva.org hopes to do for small-business financing in Los Angeles what Lyft has done for transportation and AirBnB has done for lodging – take it to the people.

06/10/2014

Here's a great article written by Nobel Laureate Professor Muhammad Yunus entitled “We Are Not Job-Seekers, We Are Job-Givers."

http://muhammadyunus.org/index.php/yunus-centre/yunus-centre-highlights/1357-we-are-not-job-seeker

"We Are Not Job-Seekers, We Are Job-Givers" --- Turning Unemployment into Entrepreneurshipтекстуры для фотошопауспешная оптимизация интернет сайтов- Muhammad YunusGrameen Bank started out with a tiny initiative in the village of Jobra in 1976. In 1983 it became a formal bank. Now in 2014 it has over…

05/01/2014

Does Microfinance Work? We brought in two world-renowned experts to debate this 2 years ago, and it resulted in a fascinating discussion. RCTs (randomized controlled trials) have increased since then, providing further insight into the discussion. http://www.huffingtonpost.com/tilman-ehrbeck/microcredit-impact-revisi_b_5233350.html

While the technical arguments might seem arcane, the underlying question of the impact of a development intervention is an important one....

04/25/2014

microINSURANCE by The Economist. Take a peek.
http://www.economist.com/blogs/schumpeter/2014/04/microinsurance

IN THE developed world, insurance is an every day part of life. In rich countries such as Britain, well over 80% of households hold at least one policy, according to...