Rated
Jan 26 2008
•
25 reviews
•
intl development, investing
• kiva.org
Kiva allows you to loan your money directly to micro-businesses in developing countries. This is not only a great concept for them, but also probably a potential model that will change the banking industry and will reduce the costs of lending (and will reduce banks' influence - wow!) if only this will spread. Kiva is potentially a destructive business model for all those financial giants.