This year eBay is continuing its mission to empower aspiring entrepreneurs to the global
market. The company has announced its partnership with microlending platform Kiva.org
to introduce Kiva Marketplace on eBay.
Kiva Marketplace is launched in November which enables Kiva borrowers to expand
their business to the company’s platform through a specially designed landing page and
seller assistance from the trusted eBay specialist.
“Since eBay is all about empowering people and creating an opportunity for all, it felt
like a really natural fit for us to work with Kiva…We hope that the Kiva Marketplace on eBay will be a lively, scalable opportunity for these entrepreneurs to grow their businesses and sustain their livelihoods.” Allie Ottoboni, Philanthropy Manager at eBay.
A great way to grow a business
Kiva is an international nonprofit organization that allows any person to ask for financial
assistance to fund their business.
Through this official partnership, eBay is waiving seller fees of Kiva borrowers for the first three months while providing them with crucial training in both marketing and eCommerce.
The first class of Kiva borrowers is currently selling various products from eco-friendly flip-flops to granola. According to one of its borrowers, Jannat Saxena, the shipping convenience, and eBay’s global reach have made it easy for her to start a business.
The kiva Marketplace will continue to help entrepreneurs grow their business and be successful with it.
Kiva.org was founded in 2005 which aims to connect with people through crowd lending.
The Marketplace presents the second phase of eBay’s partnership with Kiva.
According to eBay News Team Correspondent Lauren Mobertz, eBay Foundation funded $500,000 to support Kiva’s expansion in California, as well as to help engage eBay workers in a 5- year lending operation.
Customers may shop handcrafted goods from Kiva borrowers at the Kiva Marketplace on eBay.
How do you feel about eBay’s continuous support with small entrepreneurs? Share your
thoughts down below.