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June 4, 2014
Kiva Zip, Jonny Price (23:16)
Jonny Price, senior director of Kiva Zip—a pilot program launched by Kiva that connects borrowers to lenders through crowdfunding across the U.S.—discusses how the model helps underserved entrepreneurs launch their small businesses by accessing the financial capital they need with zero-interest loans. He also speaks to the power of cultivating community and forging relationships between borrowers and lenders.
FedCommunities.org is a portal to community development resources from all 12 Federal Reserve Banks and the Federal Reserve Board of Governors.