A high profile donation to ACCION USA

We found this men­tion of a dona­tion to ACCION USA inter­est­ing. Craigslist founder Craig New­mark is a sup­porter of micro­cre­dit here in the states and worldwide.

From Micro­fi­nance Focus, we read more on the donation.

ACCION USA, a pio­neer and leader in U.S. micro­fi­nance that pro­vides crit­i­cal cap­i­tal and finan­cial edu­ca­tion to small busi­nesses, has been awarded a gift by Craigslist founder Craig New­mark, to sup­port its person-to-person microlend­ing activ­i­ties on the Web­site Kiva.org. Craigslist is a cen­tral­ized net­work of online com­mu­ni­ties, fea­tur­ing free online clas­si­fied advertisements.

Mr. New­mark is a strong sup­porter of micro­fi­nance inter­na­tion­ally. “ACCION USA’s work in pro­vid­ing micro­fi­nance to small busi­ness own­ers here in the United States is com­mend­able,” said Mr. New­mark. “As a busi­ness owner myself, I under­stand that access to loans to grow a busi­ness is crit­i­cal. I am proud to sup­port ACCION USA’s Kiva lend­ing program.”

Accord­ing to Gina Har­man, pres­i­dent and CEO at ACCION USA, the funds will help the orga­ni­za­tion con­tinue its part­ner­ship with Kiva.org, a Web­site that con­nects entre­pre­neurs in need of busi­ness cap­i­tal world­wide with indi­vid­u­als who make loans in $25 incre­ments. Launched in June 2009, the part­ner­ship marked the first time that peo­ple could lend to entre­pre­neurs in the U.S. via the Kiva.org platform.




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