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December 13, 2005

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Little Wheels Turning

Remember Kiva, the web-based microfinance organization? (Mentioned here before.)

The first round of lendees just paid off their loans, co-founder Matthew Flannery reports. A little while ago I threw a few bucks into a loan for a store in Tanzania… I’ll keep you posted as it kicks into gear.

Flannery’s blog has been really good so far; I recommend it if you’re at all interested in this kind of stuff. He is a former TiVo engineer turned microfinance portal developer! Nice.

Posted December 13, 2005 at 3:34 | Comments (0) | Permasnark
File under: Briefly Noted, Society/Culture
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