Cool Thing o' the Day
Apr. 11th, 2007 09:50 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
webfarmerSaw this featured on PBS last night. What a great and progressive geeky idea. An excellent personalized and globalized (how does that work you ask) twist from the Grameen Bank model of micro loans. 100% payback rate so far.
Kiva.org - Loans That Change Lives
NPR: Young Donors Turn to Micro Loans
"A new kind of philanthropic giving -- particularly among the young and web-savvy -- is facilitated by a non-profit organization called Kiva. Donors are encouraged to give microloans to entrepreneurs in the developing world."
