Thursday, August 23, 2007

With Love Ied @ May at 7:33 PM 10 comments Links to this post

The $10 Million Giveaway?

Move over Sally Struthers. Three young entrepreneurs found an easier way to raise millions for struggling businesses almost anywhere in the world. But don’t call it a handout -- it’s a loan. And, it’s funded by everyday people, like you, $25 at a time.
By KEVIN SITES, TUE AUG 21, 3:27 PM PDT
In their office in San Francisco's Mission District, Matt and Jessica Flannery and Premal Shah work with the fervor and techno savvy of an Internet startup aiming for an IPO. But they aren't chasing the cash for themselves.


Matt and Jessica Flannery and Premal Shah bring a youthful vibe to the world of microfinance.
They're doing it for Esther Egbulu in Nigeria, a mother of six who wants an $800 loan to stock her shop with frozen chickens and turkey, or 31-year-old Choeun Sonin, who's requesting $1,000 to purchase a motorcycle taxi — just two of 15,000 entrepreneurs from 36 countries that their company, Kiva, has already helped.
Kiva, which means "unity" in Swahili, is a lending organization with a twist: Anyone with a bit of money and an Internet connection can step forward as a microlender to assist struggling third-world entrepreneurs get out of poverty.

After logging in, you can scroll through profiles of entrepreneurs, descriptions of their businesses, and the loan amounts they're requesting. Once you've decided who you want to lend to, you choose how much to lend, starting at as little as $25. (Individual lenders can fund an entire loan, but most of Kiva's loans are funded by multiple lenders.)

Funds are distributed to entrepreneurs through local non-profit microfinance partners in specific countries.



In Nigeria, Esther Egbulu wants an $800 loan to stock her shop with frozen chickens.
The key is that the company is based on loans, not donations. "You're fundamentally connecting with someone else in a way that's based on mutual dignity, not this supplicant-benefactor relationship that you often see in philanthropy," says Premal.

There are some differences from traditional lending. Kiva loans require no collateral and they are zero interest. PayPal (Premal's former employer) processes the transactions without any fees.

Premal says the average loan request is about $650 and the average lender usually funds three different entrepreneurs at $25 each. Eighty percent of the lenders come from the U.S., 10% from Canada, and the remainder from the rest of the world.

Kiva says entrepreneurs pay back their loans an incredible 99% of the time — a default rate unheard of at traditional financial institutions. (The Kiva team expects the rate to increase to 5% as more borrowers complete the loan cycle.) And according to Premal, most lenders reinvest their money in other entrepreneurs after a loan is paid back.
Kiva's operational costs are covered by donations from lenders. The company does not take a commission from the loans facilitated on the site.



Matt and Jessica Flannery created Kiva after discovering different career goals in a pre-marriage counseling course.
The way Kiva was founded is almost as interesting as what it's accomplishing. When Matt and Jessica attended a pre-marriage counseling session, they discovered their career goals could keep them apart. Jessica wanted to go to Africa to study microfinance; Matt was headed to Silicon Valley.

"We sort of just thought, ‘Well, we're supposed to be together. This will work itself out,'" Jessica recalls.

Things did work out, but in a way they hadn't first imagined. Shortly after they were married, Matt went to work for TiVo and Jessica went to Africa to work with a microfinance organization.

After visiting Jessica in Africa, Matt got the idea that perhaps what she was doing, microfinance, and what he was doing, high tech, could be combined — using the Internet to connect lenders and entrepreneurs.

They tested the concept on friends and family, spamming their wedding list and raising more than $3,000 for a handful of small businesses in Uganda.

Now Kiva has loans totaling $10 million.

Matt, Jessica and Premal credit their corresponding strengths for Kiva's success so far: Matt's technological know-how, Premal's salesmanship and Jessica's heart.


Kiva's president Premal Shah says corruption is a reality and he hopes transparency on Kiva's site will boost lenders confidence in microfinance.
Kiva faces new challenges as its base of lenders and entrepreneurs expands.

Ensuring that money actually funds business is one problem. For instance, a borrower in Cambodia used a loan to fund a family wedding. But a Kiva volunteer monitoring loans in Cambodia discovered what happened then blogged about it — on Kiva's own website.

"We know that corruption exists," says Premal. "We are adamant about exposing it on our website." Transparency, he says, is the organization's goal.

In the grand scheme of things, $10 million in loans might seem like a small dent in world poverty, but Kiva's founders are thinking big.

"In year five we're looking at anywhere between $150 million to $280 million," says Premal — potentially enough to move the GDP of an entire nation at some point.

For now, it's enough to change the lives of 15,000 struggling entrepreneurs — and perhaps those making the loans, as well.

Sunday, August 19, 2007

With Love Ied @ May at 3:52 AM 0 comments Links to this post
--- 6 Years Ago -------

1. How old were you?
~ 21 yrs old

2. Where did you go to school?:
~ UTM Skudai....

3. Where did you work?:
~ 7-Eleven

4. Where did you live?:
~ KRP UTM

5. Where did you hang out?
~ Skudai Parade, Angsana, Pelangi and few other places...huhhuh

6. Did you wear glasses?:
~ only in class...x cantik pki specs

7. Who was your best friend(s)at that
time?
~ Adry, Sue and Ma

8. How many tattoos did you have?
~ OMG!!...i dont have one

9. How many piercings did you have?
~ one on each ear

10. How many scars?
~ buat apa nak kira??

11. What car did you drive?
~ "Kaki" dan "Bas Mercedes" hehehe

12. Had you been to a real party?
~ I dont think so

13. Had your heart broken?
~ Ermm...dont bother to remember

14. Were you
Single/Taken/Married/Divorced?
~ Taken

-------------2 years ago-----------

1. How old were you?
~ 25 yrs old

2. Where did you go to school?
~ SPACE KL

3. Where did you work?
~ SPNB

4. Where did you live?
~ Parent's

5. Where did you hang out?
~ No specific place

6. Did you wear glasses?
~ Yes...in class and while driving

7. Who were your best friend
~ Adry and Alia

8. How many tattoos did you have?
~ Does temporary tattoo counts? during 'red flag' la...buat kat Sunway Lagoon last 2 years

9. How many scars?
~ Still dont bother to count

10. How many piercings did you have?
~ Still one on each ear...

11. What car did you drive?
~ Perodua Kenari

12. Had your heart broken?
~ Absolutely NOPE

13. Were you single/taken:
~ Taken


--------------------Today--------------


1. How old are you?
~ 27 yrs old

2. What school do u go to?
~ SPACE KL

3. Where do you live?
~ Parent's and Cheras

4. Do you wear glasses?
~ Just like 2 years ago

5. Who are your best friends?
~ Adry and Alia

6. Do you talk to your old friends?
~ Yup

7. How many piercings do you have?
~ Still one on each ear

8. How many tattoos?
~ I HAVE NO TATTOOS

9. How many scars?
~ still dont bother to count

10. What kind of car do you have?
~ I'm driving Adry's car. Dont bother ro buy one....

11. Has your heart been broken?
~ NOPE.

12. Were you
Single/Taken/Married/Divorce?
~ Taken and soon to be Mrs Adry

Monday, August 13, 2007

With Love Ied @ May at 1:56 PM 0 comments Links to this post
My Celebrity Look Alike


http://www.myheritage.com

Tuesday, August 07, 2007

With Love Ied @ May at 3:01 PM 0 comments Links to this post
Festival Filem Malaysia ke-20


1. Filem Terbaik: CINTA
2. Pengarah Terbaik: Shuhaimi Baba – Waris Jari Hantu
3. Lakon Layar Terbaik: Mira Mustafa & Ara – CINTA
4. Pelakon Lelaki Terbaik: Rusdi Ramli – Waris Jari Hantu
5. Pelakon Wanita Terbaik: Vanida Imran – The Red Kebaya
6. Pelakon Lelaki Terbaik (Watak Pembantu): Datuk Rahim Razali – CINTA
7. Pelakon Wanita Terbaik (Watak Pembantu): Azean Irdawaty - Waris Jari Hantu
8. Cerita Asal Terbaik: Shuhaimi Baba – Waris Jari Hantu
9. Sinematografi Terbaik: Khalid Zakaria – Puaka Tebing Biru
10. Penyunting Terbaik: Akashdeep Singh – CINTA
11. Skor Muzik Terbaik: Edry Abdul Halim – Cicakman
12. Penataan Seni Terbaik: Nazrul Ashraff – Puaka Tebing Biru
13. Penataan Bunyi Terbaik: Addaudio Ex Sdn Bhd – The Red Kebaya
14. Pelakon Kanak-Kanak Terbaik: Mohd Syafie Naswip – Mukhsin
15. Pelakon Harapan Lelaki: Azizan Nin – Cinta Terakhir
16. Pelakon Harapan Wanita: Natasha Husdon – Chermin
17. Lagu Tema Asal Terbaik: Tam Spider – Cicakman
18. Pereka Busana Terbaik: Shamsul Yusof – The Red Kebaya
19. Poster Terbaik: The Red Kebaya
20. Anugerah Khas Seniman: Kuswadinata
21. Anugerah Khas Seniwati: Salmah Ahmad
22. Filem Pendek Terbaik: Pintu
23. Filem Animasi Terbaik: Helping Hand24. Filem Digital Terbaik: Chalanggai
25. Filem Dokumentari Terbaik: Jejak Rasul Episod Israk Mikraj
26. Filem Box-Office: Jangan Pandang Belakang
27. Pengarah Harapan: Zarina Abdullah

Kali post dalam bahasa rojak. Sabtu baru tgk sikit2 Festival Filem Malaysia ke 20 tapi the next day dapat catch up full event through Astro Ria. Boleh dikatakan job well done sebab CINTA menang movie terbaik kot.... Memang suka cerita ni sebab lain dari yang lain. Rasanya kalau Ied bagi review untuk cerita pun tak guna pasal dah lepas tayangan. Kalau org kata Mukhsin lebih layak, not really layak la. Mukhsin tak sehebat Sepet dan Gubra, Gubra tak sehebat Sepet. Hasil arahan Yasmin Ahmad yang terbaik pada saya Sepet. Mungkin Cinta tak sehebat Sepet (juga pada saya). Terus terang Ied masuk panggung untuk cerita CINTA kerana Eizlan Yusof...Bukan la die hard fan just that Ied dah lama tak tengok Eizlan berlakon. Memang mengagumkan especially akhir cerita semasa Que di hospital dan Nanu sebagai kakak mengorbankan nyawa utk adik. Mungkin kerana Ied pernah berada di situasi yang dilakonkan oleh Nanu

Satu je la selepas selesai Festival ni Ied nak tengok busana yang dipakai oleh artis -artis kita. Bila la nak keluar gambar2 tu...........
 

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