Giving US$10 Million Away!
24th August 2007
Yahoo! recently profiled a really cool start up called Kiva.org.
Kiva, which means “unity” in Swahili, is a lending organization with a twist: Anyone with a bit of money and an Internet connection can step forward as a microlender to assist struggling third-world entrepreneurs get out of poverty.
This social venture was started by Matt and Jessica Flannery after they found out they had different career goals during pre-marriage counseling. Jessica wanted to study microfinance in Africa whereas Matt was headed to Silicon Valley.
Happily, things worked out; Kiva now has loans totaling $10 million. Read more about this interesting couple and their social venture, Kiva.org on the People of the Web.
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August 24th, 2007 at 5:13 pm
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