Tuesday, March 17, 2009

Microlending

Soundtrack: Dvorak Symphony 9 Mvt 1

Something awesome is upon us: OptinNow and kiva microlending sites, allowing you to make small loans (a couple hundred USD seems the norm) directly to entrepreneurs in developing countries.
Differences between the Kiva and OptinNow:
OptinNow is Christian, and has been around since the 1970s and the loans are made through OptinNow, then handed to the entrepreneurs. The site also has a very cool interface that makes it easy and desirable to choose enterprises you deem worthy of investment.
Kiva is nondenominational (as far as I can tell) and while its interface isn't as awesome as OptiNow, it does have a direct lending model.

1 comment:

Fink Nottle said...

seriously cool. seeing their lives through their ambitions, but surtout to see the dozens of people helping each one reach their relatively modest but audacious goals, just standing guard in formation under the title lenders, thats pretty cool.