Kiva.org has been cited several times in Trend Hunter because the microfinance site is just so awesome! The latest from Kiva is that they partnered with Advanta Bank, one of the largest issuers of credit cards to US small business owners and entrepreneurs.
In addition to looking great, when lenders use the card to make a Kiva grant, Advanta doubles the grant, up to $200/month. Although it is a business credit card, you don’t actually need to own a business to apply.
Why donate when you can empower? Kiva.org lets you loan money directly to an entrepreneur in the developing world. Specifically, the online site connects you to a network of entrepreneurs through local microfinance organizations. So far, Kiva has hooked up over $6 million in loans to more than 60… [More]
Fofoa Ekuata is a plantation owner in Samoa. She needs US$ 875/- to buy a box of Cramoxon, a pest management system. She is asking for help via Kiva.org, a website where anyone can be a banker to the poor. It’s not charity, it’s investment. Entrepreneurs vetted by on-ground NGOs are presented on K… [More]