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Supervisors unanimously back Kiva Zip microlending partnership to help local small businesses
Summary
The Board approved a resolution authorizing a city partnership with Kiva Zip to recommend small businesses for microloans; sponsors and several supervisors highlighted early local endorsements and two borrowers who raised $5,000 each on the platform.
The San Francisco Board of Supervisors on Oct. 23, 2013, adopted a resolution authorizing the Office of Economic and Workforce Development to identify and recommend local small businesses to participate in a micro‑lending program operated by Kiva Zip (kiva.org). The board took the item as part of the consent calendar and the resolution passed without objection.
Supervisor David Campos and Supervisor Mark Farrell (item sponsor) led the discussion and described the program as a…
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