Microloans and macro effects (Join me?)
[Update Feb 4, 2009: I’ve created a GovLoop group and kiva lending team.] Have you heard of the microfinancing concept? The basic idea is that by making very small loans to entrepeneurs in developing areas, you help them help themselves and contribute to the local economy. Thanks to Craig Newmark, founder of craigslist,com, I learnedRead… Read more »