Saturday, November 04, 2006

What About Kiva.org? What's Hot about MicroCreditCapital Funding?


Kiva is the first microlending Web site designed to provide individuals with the ability to connect with and make personal loans to small businesses in developing countries. Founded in 2004 by Matthew and Jessica Flannery, Kiva's goal is to reduce poverty in developing countries by giving entrepreneurs the ability to build their businesses through flexible loans with six-to 12-month terms. Kiva allows individuals to act as a "micro VC" by loaning directly to entrepreneurs with feasible business plans. Kiva is headquartered in Palo Alto, CA. For more information about Kiva, please visit www.kiva.org.

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