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Filed under: December 2010

More on MicroCredit

A break from stock talk this month, after all it’s the Christmas season, and thoughts turn to helping the less advantaged.

By now I’m sure just about everyone has heard of KIVA (www.kiva.org), the wildly successful organization that facilitates small loans to needy family businesses and entrepreneurs throughout the developing world.

Individual KIVA lenders do not receive any interest on their loans. Rather, we enter into these arrangements solely for the satisfaction of having given someone a boost in a business that strikes a chord with us. The internet has made this quick, easy and interactive.

Today there are scores of organizations involved in microlending. One of the very first on the scene, Continue…

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