Digital Entrepreneurial Charity and Solidarity for Social Change: KIVA and the “Social-on-Linezation” of Poverty

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Author(s): José Manuel Saiz-Alvarez (Tecnologico de Monterrey, Mexico, & Nebrija University, Spain)and Jorge Colvin-Díez (Schiller International University, Spain)
Copyright: 2020
Pages: 20
Source title: Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-7998-1207-4.ch030

Keywords: Business & Management / Economics & Economic Theory / Information Science Reference / Socio-Economic Development

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Abstract

Microcredit has been studied from many perspectives. In this chapter, we analyze KIVA, the most important Person-to-Person microfinance organization from the perspective of social change, and we study how it has impacted on the nascent of a new wave of entrepreneurs known as digital entrepreneurial charity. Applied to KIVA, we analyze the impact of the digital space and its Internet-based Peer-to-Peer Lending to create social change in the poor, while alleviating the poverty thanks to solidarity and charity. This work concludes affirming that banking the poor and education, with the intensive use of Internet-based devices, is the best way to alleviate poverty in our digital and globalized economic world.

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Digital Entrepreneurial Charity and Solidarity for Social Change: KIVA and the “Social-on-Linezation” of Poverty

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