Virgin Launches MicroLending Company

Virgin Launches MicroLending Company
Jeff Squires
  • 10 january 2008

Similar to other micro-financing organizations such as Kiva or Zopa that facilitate making small and very specific loans, Richard Branson has launched Virgin Money. The company aims to formalize lending from family and friends by removing the complications and awkwardness from an otherwise lucrative and efficient way of obtaining start up capital – even Dickey needed to borrow money from his aunt to get his little company going.

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