Kiva.org is an intermediary that allows people to lend money over the internet to “low-income entrepreneurs in the developing world.” This concept is known as microfinancing because people can lend as little as twenty-five dollars to a business of their choice and then later receive a return on their money. Kiva circumvents giving money through organizations whose [...]
Posts Tagged ‘microcredit’
Kiva.org “Loans that change lives”
Posted in business, tagged business, Kiva.org, microcredit, poverty, Small Fortunes on April 21, 2009 | 3 Comments »
A good solution
Posted in Uncategorized, tagged kiva, microcredit on April 19, 2009 | Leave a Comment »
Through the semester, reading about the efforts to help the underpriviledged has opened my eyes to the difficulties faced by many. Not only by the poor people struggling every day, but by those who try to establish means to help them. The establishment of microcredit has proven to help many people, but is it only [...]
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