Monday, September 20, 2010

Kiva Lets You Fund a Student's Education, $25 at a Time | Fast Company

Kiva Lets You Fund a Student's Education, $25 at a Time | Fast Company: "Global micro-lending site, Kiva.org just got smarter.

It already allows people from all over the world to donate small micro-loans to entrepreneurs in developing countries. Today the forward-thinking non-profit has announced it's making available higher education loans for individuals in Lebanon, Paraguay, and Bolivia. The move opens up the micro-lending process from a focus on small enterprises to empowering individuals in developing countries to attend college. The basic Kiva model will continue, allowing people all over the world to make loans as small as $25. After a yearlong pilot program in the three countries, Kiva plans to expand to at least 15 countries."

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