Remember the article on Kiva, the website that links up microcredit lenders with borrowers?

The Sharpener article was mentioned in the European Tribune, and from it was picked up by the Daily Kos — and Kiva have now had a rush of new lenders, able to fund every loan application available on their website! As a commenter on dKos put it:

Jesus, we funded every single loan available. Slashdotting for social justice!

This means that small-scale entrepreneurs in Uganda now have the seed capital to break out of the cycle of poverty. So the next time someone tells you that blogging is pointless, that it’s just intellectual masturbation, tell them from me that they’re talking bollocks.

Filed under Africa, Economics.
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