Have you ever asked how you can help end suffering of empoverished people in distant lands? Thanks to innovations of social entreprenuers like Matt and Jess Flannery you can easy loan a small but, vital amount to a growing small business.
A list of entreprenuer represented by a micro credit institution are listed ranging store owners to fishermen. As a lender you chose one and select the amount you wish to lend. Boasting a 99.7% collection on loans you will be able to re-loan the amount.
According to internet statitics, as of July 27, 2008, Kiva acquired around $37,281,060 in loans from over 320,425 lenders. Funding a total of 52,847 loans. It is estimated that the average loan size is about $480.44
Kiva.org is a social venture enjoying great success. It has quickly become one of the most visited sites on the web. It's clean simple design, clear instructions, and personification of micro-lending has fueled its burning success and allowed thousands of people to make a difference.
Visit kiva.org to start micro-lending.
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