The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds |

Local News

Our network sites | Advanced

The Business of Giving

Exploring philanthropy, non-profits and socially motivated business, from the Gates Foundation to your donation. A fresh look at the economy of good intentions.

E-mail Kristi| RSS feeds Subscribe | Blog Home

March 2, 2009 4:21 PM

Questions for co-founder and CEO Matt Flannery

Posted by Kristi Heim

On Wednesday, I'm planning to interview CEO and co-founder Matt Flannery.
If anyone has a question for him, please send it to me or post in the comments and I'll try to include it.

When I first wrote about Kiva in 2006, it had just completed 116 loans. Today it has helped fund 88,869 loans for a total of $62 million. No wonder Flannery thinks about the potential for individual lending to challenge the traditional banking model.


Matt Flannery (right) co-founder of, with company President Premal Shah (left) in San Francisco.

In fact, one microlending site backed by eBay offers better rates than banks. Even though Kiva does not offer interest to lenders, last year it had a rare problem in the non-profit world: too many people willing to help. Kiva had many more lenders than borrowers.

Flannery writes about his experience as a social entrepreneur here, including trying to understand the implications of a rapidly morphing global financial crisis on his business. I'm curious about the potential for expansion of Kiva to U.S. borrowers and to small or medium-sized enterprises.

Flannery is coming to Town Hall on Thursday to discuss microcredit as a means of poverty eradication, how technology helps that process, and Kiva's plans for the future.

Digg Digg | Newsvine Newsvine

No comments have been posted to this article.







Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Browse the archives

May 2009

April 2009

March 2009

February 2009

January 2009

December 2008

Blog Roll