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Small Business Think Tank [This Network is not currently active and cannot accept new posts] | | Topics
Online "microlender" is reaching out to low-income entrepreneurs in the United States.Views: 146
Jun 11, 2009 10:46 pm Online "microlender" is reaching out to low-income entrepreneurs in the United States.

Reg Charie
Kiva.org has spent the past 3 1/2 years raising money on the Internet to finance destitute entrepreneurs in 44 impoverished countries. Now in a sign of the economy's spreading despair, the online "microlender" is reaching out to low-income entrepreneurs in the United States.

The expansion kicks off Wednesday when Kiva will let needy U.S. small businesses vie for funding alongside a melting pot of cash-starved entrepreneurs that includes everything from a Cambodian fisherwoman to a Moldovan butcher to a Bolivian taxi driver.


More->>http://ca.news.yahoo.com/s/capress/090610/technology/technology_techbits_kiva

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