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Sunday, May 21, 2006

Kiva 

&bull posted by Matt Wharton @ 10:44 PM  

I've recently discovered an organisation called Kiva.
What is Kiva?

Kiva lets you loan as little as $25 to a qualified low income entrepreneur in the developing world.

How does it work?

Kiva partners with local organizations to screen businesses and administer your loan. Our partners average a historical repayment rate of +96%.
I think this is a brilliant alternative to outright charitable donations as a way of aiding those in the developing world. Now comes the hard part choosing which individual I should make a loan to.

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