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June 26, 2010
And its actually really cool. whether you are, you know, a guy thats starting a roofing company in the united states or whether you are a cattle raiser over in costa rica and you have no assets and you have no credit, this now gives you a chance to build up your dream and really start your own business. and i want to focus on kiva.org. it started in 2005 and since then they have loaned over $143 million in small loans. whats remarkable about the site is you can go on and for a donor its incredib...
June 26, 2010
Building and empowering the poor and the impoverished. and again, kiva has donated $143 million in loans and they have a kickback rate as a lender. this is good karma. 98%. so youre almost guaranteed to get the dollars that you put in right back. >> $143 million of loans. is that what you said? >> yes. >> thats just amazing. >> it is remarkable. >> that is remarkable. >> i think there is room too for growth. we havent seen a lot of micro lending here in the states but with the state of the econo...