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	<title>Main Street Microfinance &#187; launch</title>
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	<description>Insights on microfinance in the U.S.</description>
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		<title>Microfinance for the Masses: ACCION USA Announces Partnership wtih Kiva.org</title>
		<link>http://www.accionusa.org/blog/index.php/2009/06/10/microfinance-for-the-masses-accion-usa-announces-partnership-wtih-kivaorg/</link>
		<comments>http://www.accionusa.org/blog/index.php/2009/06/10/microfinance-for-the-masses-accion-usa-announces-partnership-wtih-kivaorg/#comments</comments>
		<pubDate>Wed, 10 Jun 2009 15:08:04 +0000</pubDate>
		<dc:creator>Laura Kozien</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[good morning america]]></category>
		<category><![CDATA[kiva]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[premal shah]]></category>

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		<description><![CDATA[I’m not good at keeping secrets. That’s why I’m so excited to share a huge piece of ACCION USA news that we&#8217;ve had to keep quiet until now. ACCION USA been chosen as one of two field partners to join Kiva.org, the world’s first person-to-person microlending Website, in its pilot expansion to the United States.
 
Lenders from around [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;">I’m not good at keeping secrets. That’s why I’m so excited to share a huge piece of ACCION USA news that we&#8217;ve had to keep quiet until now. <strong>ACCION USA been chosen as one of two field partners to join Kiva.org, the world’s first person-to-person microlending Website, in its pilot expansion to the United States.</strong></span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"><img class="alignleft size-full wp-image-245" style="margin: 12px;" title="kivaloans" src="http://www.accionusa.org/blog/wp-content/uploads/2009/06/kivaloans.jpg" alt="kivaloans" width="200" height="89" />Lenders from around the world can now lend online to entrepreneurs in the United States for a financial commitment as small as $25. </span><a href="http://www.kiva.org/app.php?page=businesses&amp;partner_id=131&amp;status=fundRaising&amp;sortBy=New+to+Old"><span style="font-size: small; color: #800080; font-family: Arial;">ACCION USA’s 15 borrowers</span></a><span style="font-size: small; font-family: Arial;"> are already getting “funded” fast, and we’ll be adding new borrowers to the site everyday.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"><strong>Kiva is an organization that’s truly bringing microfinance to</strong> <strong>Main Street, and as a leading U.S. microlender, ACCION USA is thrilled to be part of the pilot program.</strong> <span style="mso-spacerun: yes;"> </span>Kiva’s 500,000 lenders provide microfinance institutions (MFIs) like ACCION USA with capital at zero cost and zero risk, decreasing cost to the MFI and expanding the amount of dollars available to small businesses shut out of the financial mainstream.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;">The news broke at 8:30 this morning on a </span><a href="http://abcnews.go.com/Business/Economy/story?id=7791831&amp;page=1"><span style="font-size: small; color: #800080; font-family: Arial;">Good Morning America</span></a><span style="font-size: small; font-family: Arial;"> segment featuring Kiva’s president Premal Shah—we’re confident that many of America’s 10 million microbusinesses now know that microloan resources are available to help their operations grow. </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;">ACCION USA is encouraging supporters to get involved with Kiva by </span><a href="http://www.kiva.org/app.php?page=businesses&amp;partner_id=131&amp;status=fundRaising&amp;sortBy=New+to+Old"><span style="font-size: small; color: #800080; font-family: Arial;">making a loan to an ACCION USA borrower</span></a><span style="font-size: small; font-family: Arial;">, </span><a href="https://npo.networkforgood.org/Donate/Donate.aspx?npoSubscriptionId=1001448&amp;uniqueID=633790329644707802"><span style="font-size: small; color: #800080; font-family: Arial;">donating directly to ACCION USA</span></a><span style="font-size: small; font-family: Arial;"> to help support Kiva-related lending activities, and learning more on our </span><a href="http://www.accionusa.org/home/support-u.s.-microfinance/get-involved/lend-on-kiva.org.aspx"><span style="font-size: small; color: #800080; font-family: Arial;">Website</span></a><span style="font-size: small; font-family: Arial;">.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Arial;">We’ll keep you updated on the launch and partnership this week—there will certainly be more news to share. But for now, <strong>there’s $25 burning a hole in my pocket and a few small business owners who could use it on </strong></span><a href="http://www.kiva.org/"><span style="font-size: small; color: #800080; font-family: Arial;"><strong>Kiva.org</strong></span></a><span style="font-size: small; font-family: Arial;"><strong>…</strong></span></p>
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