Comments on: Kiva creates new way to fund small business growth http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/ Small business marketing blog Sun, 22 Nov 2009 02:06:52 -0500 http://wordpress.org/?v=abc hourly 1 By: Terra Andersen http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/comment-page-1/#comment-299339 Terra Andersen Tue, 12 Feb 2008 03:36:01 +0000 http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/#comment-299339 I heard about Kiva on CNBC, and saw a backstory about a woman who was able to purchase more inventory for her local store. It was amazing... by simply obtaining $100, she was able to substantially increase in monthly income. I heard about Kiva on CNBC, and saw a backstory about a woman who was able to purchase more inventory for her local store. It was amazing… by simply obtaining $100, she was able to substantially increase in monthly income.

]]> By: Randy Vaughn http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/comment-page-1/#comment-298721 Randy Vaughn Mon, 11 Feb 2008 20:24:06 +0000 http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/#comment-298721 Having lived in Africa for almost 10 years, I see the power in micro-financing...the smallest amounts CAN make a huge difference to people. It's exciting to watch people from rich cultures sharing in the joy of giving to people in poorer cultures (economically poorer that is) who often share the same excitement for providing for their families...I met so many resourceful people, who did amazing things with very little capital, that I was certain they would do great things with a little boost. Starting up a business is certainly a huge hurdle...now if we could get the Duct Tape Marketing principles into their hands (and perhaps a somewhat modified version for their culture and economic situation).** The Duct Tape Marketing principles are so unique and seems like they could help people worldwide. **I will note that in the country where I served it was so common in the local market to see 10 women ALL selling the SAME fish, peanuts, onions or tomatoes. When I inquired why they don't differentiate...I was told that such an idea would disrupt the community those women enjoy...a culture no-no...perhaps Differentiate and Dominate might not be the most appropriate title! ha ! Having lived in Africa for almost 10 years, I see the power in micro-financing…the smallest amounts CAN make a huge difference to people. It’s exciting to watch people from rich cultures sharing in the joy of giving to people in poorer cultures (economically poorer that is) who often share the same excitement for providing for their families…I met so many resourceful people, who did amazing things with very little capital, that I was certain they would do great things with a little boost. Starting up a business is certainly a huge hurdle…now if we could get the Duct Tape Marketing principles into their hands (and perhaps a somewhat modified version for their culture and economic situation).** The Duct Tape Marketing principles are so unique and seems like they could help people worldwide.

**I will note that in the country where I served it was so common in the local market to see 10 women ALL selling the SAME fish, peanuts, onions or tomatoes. When I inquired why they don’t differentiate…I was told that such an idea would disrupt the community those women enjoy…a culture no-no…perhaps Differentiate and Dominate might not be the most appropriate title! ha !

]]> By: mike ashworth http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/comment-page-1/#comment-298720 mike ashworth Mon, 11 Feb 2008 20:23:47 +0000 http://www.ducttapemarketing.com/blog/2008/02/11/kiva-creates-new-way-to-fund-small-business-growth/#comment-298720 what a marvellous idea, so much more inspiring that dropping money in a collection tin, active participation, a chance for these individuals to tell their story and then get a loan, and then you get to follow the progress. I'll be finding someone on there too loan some money too this week, i hope your other blog readers do the same. Mike Ashworth Business Coaching and Consultancy Brighton and Hove, Sussex, UK what a marvellous idea, so much more inspiring that dropping money in a collection tin, active participation, a chance for these individuals to tell their story and then get a loan, and then you get to follow the progress.

I’ll be finding someone on there too loan some money too this week, i hope your other blog readers do the same.

Mike Ashworth
Business Coaching and Consultancy
Brighton and Hove, Sussex, UK

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