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Author Topic: Questions about using Kiva  (Read 973 times)
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Bill_W
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« on: December 17, 2009, 12:41:33 PM »

Please feel free to move this if it belongs elsewhere.
I help working visual artists both emerging and veterans learn to market themselves through my blog theARTISTScenter.com. One of the issues the group I work with is facing is low sales and hence little income to reinvest in themselves. Many are not able to pay for show entries, web service etc. in addition to being able to live off of income generated from their work.

I'm interested in setting up a lending team where other artists or anyone else interested in supporting art by helping artists invest in themselves. Conceptually, I would like to have a way artists could apply for loans to develop their businesses, to take classes needed to bring their business and marketing skills up to date, and possibly outsource some of the administrative work they need to allow them to spend more time in their studios.


My questions are...

Is this something I can do through Kiva?
If so what is the best way to do it?
If is it possible to limit who and for what a lending team will lend to and for?

Thanks for any input etc.
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waywardcats
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« Reply To This #1 on: December 17, 2009, 05:07:11 PM »

My questions are...

Is this something I can do through Kiva?
If so what is the best way to do it?
If is it possible to limit who and for what a lending team will lend to and for?

Thanks for any input etc.

Hello Bill and Welcome

The answer to your question regarding setting up a lending team on Kiva is that yes, anyone can do that.  Simply go to the Community page on Kiva and click the link to start a lending team.  You can make your team open or closed. 

In regard to limiting which loans or types of loans a team member will lend to and for the answer is no.  You can close your team and only allow certain members to join, but there is no control other than stating a preference as to which loans they may choose to credit to your team.  If you still have questions about teams, you may wish to read the Kiva FAQ on the subject, or delve into our forums, we have discussed teams in a number of threads, such as here and here.

I'm interested in setting up a lending team where other artists or anyone else interested in supporting art by helping artists invest in themselves. Conceptually, I would like to have a way artists could apply for loans to develop their businesses, to take classes needed to bring their business and marketing skills up to date, and possibly outsource some of the administrative work they need to allow them to spend more time in their studios.

It seems to me that you are really asking about the possibility of having some of your  artists listed on Kiva.  In order to do this you would need to go through a Field Partner.  That is the only way to get a loan listed on Kiva.  Since you are in the US, Accion USA is the most likely. You can find their website here:  http://www.accionusa.org/.  Another possibility is Opportunity Fund (http://www.opportunityfund.org/), but they are in California only.

I hope this answers your questions,

-Kerry-
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"Our daughters can contribute just as much to society as our sons, and our common prosperity will be advanced by allowing all humanity - men and women - to reach their full potential. I do not believe that women must make the same choices as men in order to be equal, and I respect those women who choose to live their lives in traditional roles. But it should be their choice. That is why the United States will partner with any Muslim-majority country to support expanded literacy for girls, and to help young women pursue employment through micro-financing that helps people live their dreams." - President Barack Obama, June 4, 2009
Bill_W
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« Reply To This #2 on: December 17, 2009, 06:13:16 PM »

Thanks for getting back to me Kerry...
The other option I am wondering about is raising money for a non-profit.Specifically, the Craft Emergency Relief Fund (CERF) in way similar to campaigns for reducing poverty. Is this something that can be done through Kiva?
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wthepoo
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« Reply To This #3 on: December 17, 2009, 06:29:13 PM »

The other option I am wondering about is raising money for a non-profit. ... Is this something that can be done through Kiva?

Hi and welcome, Bill,

not at the moment, no. Kiva exclusively offers the opportunity to make/refinance loans to individual borrowers or groups of borrowers (mostly entrepreneurs) handed out and administered by Kiva's Field Partners.

Best wishes,
Wolfgang.

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