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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Kiva

Under Blogging, Kiva By andrewcw1

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Kiva is a nonprofit, p2p microloan company designed to promote entrepreneurship in developing countries.  Founded in October of 2005, Kiva has financed US$21 million worth of loans coming from 242,000 lenders.  You can be a lender.
The Kiva team initially focused its funding on the country of Uganda but has since opened up the offering nationwide.  [...]

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