14 January 2008

Kiva.org Aggregates & Distributes MicroFinance

Kiva.org is a great example of an internet-enabled microfinance innovation. You pick the specific entrepreneur(s) you find compelling and loan them as much (or little) as you like. Kiva aggregates micro-loans together and engages with both local partners and makes the collective loan to the entrepreneur. Here Bill Clinton describes it to Fox's Greta Van Susteren...

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