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Entrepreneur Daily

April 16, 2008

Kiva Makes Twice the Impact

(Business News, Events and Resources)

Last October, we told you about the microlending site, Kiva.org. Now, the site--which helps developing-world entrepreneurs achieve their business dreams--has partnered up with Advanta to up the ante. It's called KivaB4B, and through it, customers can make small loans to Kiva entrepreneurs using Advanta business credit cards. Once a grant has been issued by an Advanta small-business customer, Advanta will match each grant dollar for dollar, capping at $200 per month, per account.

Advanta currently has 1.3 million billion small-business customers. The program estimates that if only 1 percent of those customers made a one-time grant for $50 through Kiva, developing-world entrepreneurs would receive $1.3 million.

Condensed, Convenient News

(Business News, Events and Resources)

The entrepreneur has a lot to do in a day: finance the business, develop the product and plans, hire talented and motivated employees and--occasionally--sleep. Sitting down and enjoying news or articles in print or online isn't always an option.

Enter Brijit.com. Editors read The New York Times, The Economist, ESPN Magazine, and even some episodes of "This American Life," (to name a few) and summarize articles in a bite-sized 100 words or fewer. This is great for the person (or entrepreneur) who, instead of a newspaper or magazine, carries a PDA or laptop and doesn't have time to search bookmarked sites. A rating system also saves time by letting you know which full articles (linked to the abstracts) are worth the time to read.

There's certainly nothing wrong with staying current, tucking a few "hey, did you know that's" under your belt for a casual conversation and being entertained--especially if it only takes a couple minutes.--Whitney Chen

 







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