Previously, I’ve written about the microloan site Kiva, where you can provide interest-free loans to business owners in developing countries. After following a few links through Lifehacker, I stumbled on a fantastic review of microloan sites by Kevin Kelly at Cool Tools. If you’ve used any of these sites, I’m curious to hear about your experience.
My suspicion is that over time the inherent self-sustaining
qualities of micro-lending will mean it won’t need charitable support
to keep expanding. But the idea is still in its infancy; billions of
people are still out of its reach. That means that every dollar given
today will not only cascade its blessings on many others, but funding
micro-lending now will also greatly accelerate the time when anyone in
the world will have access to a small loan.
God bless us all, everyone.