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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: 2017
Pages: 21
Source title:
Digital Entrepreneurship and Global Innovation
Source Author(s)/Editor(s): Ioan Hosu (Babeș-Bolyai University, Romania)and Ioana Iancu (Babeș-Bolyai University, Romania)
DOI: 10.4018/978-1-5225-0953-0.ch009
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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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