Archive for October 24th, 2005

October 24th, 2005
Kiva: where microcredit meets P2P
by Phil Hunt

Microcredit — lending small amounts of money to poor people to help them set up small businesses — is not a new idea; it started in the 1970s when Muhammad Yunus set up Grameen bank. Since then, Grameen has proved outstandingly successful, lending over $3 billion and empowering millions of people.
A new twist on this [...]


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