The Mitt Romney-cofounded private equity firm might be a symbol of corporate greed in a fierce political season, but its investment division, Bain Capital Ventures, helped fund companies you probably patronize all the time.
That's what you thought Kiva did already? Not quite. But the new Kiva Zip lets you lend directly to a real person, with a higher chance it won't get paid back. It's a vast experiment in online trust and it could change the face of microfinance.
For every business chasing the next must-have tech to stay ahead of the game, there are dozens reaching and failing to beat the competition. How can you choose the right strategy? The former director of Kiva shares what she's putting into practice at RelayRides.
Santa Clara University's Global Social Benefit Incubator, which partners socially conscious organizations with Silicon Valley mentors, is an intensive bootcamp for entrepreneurs who want to change the world. It launched Kiva, and now it's preparing its 10th-anniversary class.
Building off its incredible success funding entrepreneurs in the developing world, the microloan company has turned its eye toward America, where it is giving loans in cities like New Orleans and Detroit.