By Art Smith. Posted Tuesday, Jun 24, 2008 at 9:55 pm Filed Under: Kiva, Micro-Lending, Mohammad Yunus
This came up a couple of weeks ago. As you may know, we’ve been supporters of Kiva since last year when we made a loan. In early June, we got an email notifying us that the loan was officially in default. This means that we were definitely not going to see the unpaid balance of [...]
By Art Smith. Posted Sunday, Jan 27, 2008 at 5:00 am Filed Under: Kiva, Micro-Lending
In a New York Times Magazine article for this weekend, there’s a story about Kiva, a micro-lending brokerage that I’ve been advertising on this site for quite a while. It’s a good news kind of story, and one I had not expected to hear.
Recently, every borrower business in Kiva’s system was 100% funded. [...]