Kiva.org – Microlending directly to the source

Yesterday I stumbled over Kiva.org. Microlending directly to entrepreneurs in developing countries. I like the idea a lot and started to fund some projects. The site claims that 100% of all loans go directly to the entrepreneur and the site itself is non-profit.

Depending on the quality of organization (they have a rating system) that is managing the money locally on the ground they claim very low delinquency rates. But have a look for yourself.

Make a loan to an entrepreneur in the developing world for as little as $25. Kiva is the world’s first online lending platform connecting online lenders to entrepreneurs across the globe.
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