For nerd-alert-y things from people who have lived on Park Street. Duh.

Sunday, May 13, 2007

Loan tiny sums to micro-enterprises in the developing world

Kiva.org is the world’s first peer-to-peer, distributed microloan website. A great idea where PayPal meets Gates Foundation. The site allows you to lend a small amount of money, say $25, to needy microenterprises in developing countries. You receive repayment at the end of the loan period . This sounds like a great idea



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