Microfinance Platforms like Kiva
This cluster centers on discussions of microfinance and microlending platforms such as Kiva.org and Zidisha, where users lend small amounts directly to entrepreneurs in developing countries to support businesses and alleviate poverty. Comments share personal experiences, endorsements, and ideas for similar initiatives locally or globally.
Activity Over Time
Top Contributors
Keywords
Sample Comments
You can try out kiva.orgMy problem with it was that most of the businesses were of the retail type (selling clothes on the streets). Iām not an economist but that seems to me to not have much potential for lifting many out of poverty.
Sounds a bit like https://kiva.org
This reminds me of www.zidisha.org where you can make micro-loans to 3rd-world individuals.
Kiva (a similar site for microlending to entrepreneurs in third-world countries) does this. From my personal experience, it's been quite effective and encouraged me to occasionally donate while lending to entrepreneurs.
Join Kiva[1]. They do exactly as you say, and they are extremely successful.[1]: https://www.kiva.org/
There's no reason you couldn't do "Watsi for local entrepreneurship" or something. Essentially Kiva-like.
That is not an off the wall suggestion at all.. I love it. Will look into these Microcredit orgs.Upvote for you.. Thank you very much!
Here's a derivative idea: kiva.org for startups everywhere, with a % take in the outcome.
Congrats, great idea. Not too dissimilar from Yunus' microloans or his Social Business concept.
I regularly do low-interest loans to African entrepreneurs via Zidisha -- that's money that's helpful in a concentrated way, vs. bulk money that I'm skeptical won't have negative consequences.