Wednesday, February 28, 2007
Kiva.org supported by the Draper Richards Foundation
Kiva.org has been awarded a $300k grant from the Draper Richards Foundation! These funds will be used to help us cover operating expenses necessary for the unbelievable growth we've been experiencing.
The Draper Richards Foundation was founded in 2002 by William H. Draper, III and Robin Richards Donohoe, venture capitalists who believe in the power of innovation and passionate individuals to change the world. Only six Draper Richards fellowships are awarded each year, and they are specifically and solely for entrepreneurs starting new non-profit organizations. Organizations selected must demonstrate innovative ways to solve existing social problems.
It is an incredible honor to be selected for a Draper Richards Fellowship and we'd like to thank all of our early supporters who've helped us prove that Kiva.org is an idea with supporting!