Monday, February 20, 2006

Kiva: Loans that change lives, become a lender to a small business in Africa

Kiva website states it provides a new, sponsor a business option for individuals to connect with small enterprises in developing countries through flexible loans and invites readers to become a lender to a small business in Africa and be reimbursed for the loan.

Sounds like a good initiative. Not sure how it all works. According to the website, Kiva is experiencing a huge outpouring of support and cannot list businesses fast enough. Excerpt:
"Latest journal from Peace Poultry Tororo, Uganda , January 3, 2006: This business has received loan money worth $300. The money has already been put in business to increase the stock."
Source: Trey's blog.

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