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President Clinton partners with Kiva City

By: Alexandra Brown
Updated: March 15, 2013
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President Bill Clinton will help announce the launch of Kiva City Little Rock, an initiative that expands the availability of microloans for small business owners and aspiring entrepreneurs in the Little Rock area. The program reaches underserved borrowers by crowdfunding loans, connecting current and future small business owners to a global online community where anyone with an Internet connection and $25 or more can lend to a local Arkansas business at kiva.org/littlerock <http://kiva.org/littlerock>. Kiva City Little Rock is the latest implementation of the Kiva City Initiative, a partnership between Kiva and Visa Inc. (NYSE: V) launched at the Clinton Global Initiative America meeting in June 2011. Friday, March 15, 2013 at 4 p.m. at the Clinton Center Great Hall. Special guest include President Bill Clinton, Janie Barrera, President & CEO Accion Texas Inc., Gregory, Accion Borrower, Douglas Sabo, Head of Corporate Responsibility, Visa Inc., Premal Shah, President of Kiva.

Kiva is a non-profit organization working to alleviate poverty by connecting people around the world through micro lending. With as little as a $25 loan, anyone can help a borrower create new opportunities for themselves and their family. Together with more than 870,000 Kiva lenders and a worldwide network of microfinance institutions, Kiva has created economic opportunity for more than 950,000 borrowers. Since its inception in 2005, Kiva lenders have funded more than $390 million in loans with a 98.9% repayment rate. Visit www.kiva.org <http://www.kiva.org> and zip.kiva.org <http://zip.kiva.org> for more information.

The William J. Clinton Presidential Center and Park, located on the banks of the Arkansas River in Little Rock, Arkansas, attracts hundreds of thousands of visitors from around the world to its grounds each year. Opened in 2004, the Center is home to the Little Rock offices of the William J. Clinton Foundation, the William J. Clinton Presidential Library and Museum and the University of Arkansas Clinton School of Public Service. For more information, visit www.clintonpresidentialcenter.org <http://www.clintonpresidentialcenter.org>.

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