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January 25, 2008
checking out
Thinking about microlending again. Just made a loan on Kiva to five women in pakistan starting an embroidery business. Very cool that Paypal gives transaction free funds processing. I don't know the interest rate (probably zero) but will see how the repayment goes. Not as robust a user interface and portfolio management as the Prosper.com's of the world, but it looks to get the job done. They could do with a little more focus on loans and less on marketing their idea of Kiva and how pious they are for doing good. Stay tuned here to see how it goes.
Posted by Martin at January 25, 2008 12:15 PM
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