Journal Article
The article presents a case study of the crowdfunding platform Kiva launched in 2005 for those without financial access.
Topics discussed include its connection of U.S. lenders to capital borrowers that reached 1.2 billion dollars by 2018's end, questions on its operating model's transparency, lenders' main interest in feel-good photos and stories, and microfinance's ineffectiveness in alleviating poverty.
Also noted is Kiva's shift of focus to impact investment for social enterprises.
Faculty
Professor of Strategy
