Oct 28, 2007

eBay has decided to enter the microfinance business with MicroPlace. To my knowledge it is only the second webpage directed to individuals who want to give microloans to entrepreneurs in developing countries - the first being the much-hyped kiva.org, which I whole-heartedly recommend (the first of my so far three loans is soon paid back, and I look forward to investing it again). However, there are differences between the two, and it might be a good idea for any prospective borrowers to have a look at this comparison, for example, before deciding.

2 comments:

Anonymous said...

There is also this opportunity to invest in Africa, giving the opportunity for individuals to provide microloans http://www.myc4.com/

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