Tuesday, October 09, 2007
I've been a big fan of microcapitalism for a long time, and was glad when micro-financier Mohamed Yunnus of Bangladesh won the Nobel Prize for his work in this field. So, I'm very glad to learn of this organization, Kiva.org . They connect small business people in the Third World with ordinary donors in the First World, who give small amounts, to be repaid over several months. I read about them in the current issue of Smithsonian, in their list of young innovators. I'm looking forward to settling down and combing through the site, to see if there's any opportunities in there for me to participate.