Excellent post about Kiva and the profit aspect of nonprofits
Here's an excellent post by Bethany Coates & Garth Saloner from the Stanford Social Innovation School of Business on the profit aspect of nonprofits and Kiva as a case study. Good read!
Kiva, the first online peer-to-peer microcredit marketplace, is one of the fastest-growing nonprofits in history. But its nonprofit status was not inevitable. Here’s why Kiva chose to be a 501(c)(3), what this tax status buys the organization, and how being a nonprofit poses challenges.
Read more >> http://www.ssireview.org/articles/entry/the_profit_in_nonprofit/
