Saturday, December 27, 2008

kiva microfunds.

also know as, kiva is an organization that allows people to lend money via the internet to micro-finance institutions in developing countries which in turn lend the money to small businesses. it is a non-profit organization that is supported by donations from its users and through partnerships with businesses and other institutions. kiva captures the entrepreneurial spirit of muhammad yunus, the bangladeshi banker and economist that singlehandedly introduced the idea of micro-loans to the modern world.