The KivaB4B Project is a joint initiative between Advanta and Kiva, the popular microfinance portal. KivaB4B helps small business owners share best charitable practices, highlight their philanthropic models and develop new ways to give back. The Project also helps small business owners increase the impact of actual grants – large and small – to entrepreneurs in developing countries through Kiva.org. If a small business owner uses an Advanta credit card to make a grant through Kiva to an entrepreneur, Advanta matches the grant, dollar for dollar (up to $200 per account, per month).

“The KivaB4B Project unites small business owners in their support for entrepreneurs in the developing world,” said Ami Kassar, Chief Innovation Officer at Advanta. “We hope that KivaB4B will empower small businesses to learn from each other about how to promote their philanthropic efforts to their customers.”

KivaB4B.org provides participating small businesses with information and resources to market their philanthropic activities to their community. In addition, every week the site profiles a business owner who supports entrepreneurs in the developing world through Kiva. Advanta, which originally launched KivaB4B.org earlier this year, recently released a new KivaB4B credit card for business professionals who don’t own a business entity.

For more information, visit www.KivaB4B.org.

Certain terms, conditions and limitations apply to participate in the KivaB4B Project. Please visit www.KivaB4B.org for details.

About Advanta

Advanta was founded in 1951 by Jack Alter, a Philadelphia school teacher, who wanted to help fellow teachers get access to capital. Today, Advanta is one of the nation’s largest credit card issuers (through Advanta Bank Corp.) in the small business market. Advanta continues to find ways to connect with and inspire the small business community through projects like KivaB4B.org, ideablob.com and other initiatives that benefit the lives of entrepreneurs. Learn more about Advanta at www.advanta.com.

About Kiva

Kiva.org (www.kiva.org) is the world’s first person-to-person microfinance website, empowering individuals to provide funds directly for the benefit of an entrepreneur in the developing world. Founded in 2005, Kiva.org’s mission is to connect people, through microfinance, to alleviate poverty. Kiva.org currently connects givers in more than 100 countries with entrepreneurs in 41 developing countries, through 88 microfinance partners. Kiva.org is headquartered in San Francisco.

No related posts.

Citi analyst says, “The decision to lower our rating is based on the trust’s current valuation. The units have appreciated by nearly 39.5% since mid December through March 11, 2008 (e.g. which compares favorably to the (14.0) % total return generated by the S&P 500 Index over the same time period), surpassing our 12-month target price of $17.00 per unit. Although we are forecasting the partnership to grow cash flows by approximately 50% from 2007 to 2008 (i.e. due primarily to higher commodity prices), we feel this potential is already factored into its current valuation.”

The Permian Basin Royalty Trust (the Trust) is an express trust. The principal assets consists of a 75% net overriding royalty interest carved out by Southland Royalty Company (Southland) from its fee mineral interest in the Waddell Ranch properties in Crane County, Texas (Waddell Ranch properties), and a 95% net overriding royalty interest carved out by Southland from its major producing royalty properties in Texas (Texas Royalty properties).

No related posts.

NEW YORK, March 17 (newratings.com) – Analysts at Peters & Co maintain their “sector underperform” rating on Pengrowth Energy Trust (PGF.UN) and (PGH.NYS) NYSE. The 12-month target price has been raised to $17.

In a research note published on March 14, the analysts mention that the company’s 4Q production was ahead of the estimates. Pengrowth Energy Trust is expected to sustain its current distribution level and utilize its excess flows going forward to fund the internal development programme, Peters & Co adds. The company’s cash flow payout ratio and capital efficiencies are improving, the analysts say.

No related posts.