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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One Response to “Giving US$10 Million Away!”

  1. Financial Fitness Pro Forum » Blog Archive » Giving US$10 Million Away! Says:

    [...] can step forward as a microlender to assist struggling third-world entrepreneurs get out of poverty.read more | digg story Share and Enjoy:These icons link to social bookmarking sites where readers can share [...]

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