http://www.psfk.com/2006/12/microfinancing_-2.html Ideas & Trends Tue, 24 Nov 2009 09:30:40 -0800 http://wordpress.org/?v=2.8.4 hourly 1 http://www.psfk.com/2006/12/microfinancing_-2.html/comment-page-1#comment-990 Adam Tue, 30 Nov 1999 00:00:00 +0000 #comment-990 <p>Kiva.org has a wonderful business that allows people to be personally philanthropic on a small scale. I myself have recently helped co-create a site called www.invisiblecitizen.org. Our thought was that we needed to find a way for anyone to become part of the giving cycle, to make philanthropists out of everyone, but without anyone ever needing to risk their own money. The current affiliate system was perfect for that, to be able to raise money to loan to microfinance institutions for a minimal interest rate. This way the money earned can continuously be poured back into loans. </p> Kiva.org has a wonderful business that allows people to be personally philanthropic on a small scale. I myself have recently helped co-create a site called http://www.invisiblecitizen.org. Our thought was that we needed to find a way for anyone to become part of the giving cycle, to make philanthropists out of everyone, but without anyone ever needing to risk their own money. The current affiliate system was perfect for that, to be able to raise money to loan to microfinance institutions for a minimal interest rate. This way the money earned can continuously be poured back into loans.

]]>