Kiva Makes Microfinancing Fun with Lending Teams
Commonwealth Club - Commonwealth Club of California
Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs around the globe. Kiva combines technology with social issues in a way that allows mass participation in facilitating solutions. It allows grass root support for the financing of social alleviation projects and has generated extraordinary excitement and more than $100 million in small online loans that are reimbursed if the donor requests such an outcome.“What bummed me out was that microfinance is such a great tool to alleviate poverty and that there is a shortage of capital -- but that there is no way for the average guy in the U.S. to invest in microfinance.”For more information, visit: http://www.kiva.org/