I think this is a really good idea.
Instead of just giving people money, they borrow it, which usually makes them use it more wisely and carefully. Almost all (98.47%) of loans are repaid. The money can then be lent to another person afterwards.
Sunday, 14 February 2010
No 81: Micro Finance Scheme to Help People In Developing Nations
THE BELOW screenshot is from kiva.org. This is a website where you can lend small amounts of money to entrepreneurs in poor countries.
I think this is a really good idea.
Instead of just giving people money, they borrow it, which usually makes them use it more wisely and carefully. Almost all (98.47%) of loans are repaid. The money can then be lent to another person afterwards.
I think this is a really good idea.
Instead of just giving people money, they borrow it, which usually makes them use it more wisely and carefully. Almost all (98.47%) of loans are repaid. The money can then be lent to another person afterwards.
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