People of the Web - The $10 Million Giveaway?

Mon, 24 Dec 2007 03:10:10 GMT

This is an article about Kiva. Which is a web site that provides micro loans to struggling third world business people. The investors are ordinary citizens who can contribute as little as $25.00. The most interesting aspect about micro loans is the fact that the pay back rate is at 99%. That is interesting and inspiring to learn. This trio is using their skills to do social work and to help finance the aspirations of others.

I am interested in learning how this concept works. It seems to me that there is a lot of potential for people in the United States as well. I can see this being a way to promote growth and development of individual economic status in our community.

A Woman's Space: Computer and Internet

People of the Web - The $10 Million Giveaway?