Skip to content

kiva.org

Hmm, I wonder if this works. Kiva.org is a “social software” site that lets people lend money to microcredit institutions that lend the money to local entrepreneurs. The lenders can get info on the entrepreneurs when they give money and also feedback on how everything went. Brings the issues closer, makes it possible to choose on the basis of your own preferences.

Microcredit is not a magic bullet, as Robert Pollin argues. Enterprise, even micro-enterprise, can work only on the basis of “an ocean of goodness”, including such non-profit activities as trust, smiling, opening the door, roads, common customs, etc. But maybe it can help somewhat sometimes.

Post a Comment

Your email is never published nor shared. Required fields are marked *
*
*