Microloan Mayhem: Kiva Vs. MicroPlace

Under Kiva By icedragon13

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In the world of Microloans two notable players have arrived Kiva and Microplace.  At first glance no reasonable distinction can be made between them, but after a little digging some differences in both “how” and “why” they function emerge.   In terms of a business model, the Flannerys founded Kiva as a non-profit internet microfinance investing site [...]

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Kiva has now lent $11 million in Microloans

Under Kiva By mlb13

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In the two years since it’s founding, as of this September, Kiva has distributed $11 million dollars in the form of 17,000 microloans to entrepreneurs in developing countries.
It took Kiva.org just over a year to lend out their first million but they’d lent their second only a month later. The average size of a Kiva [...]

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