Re:Kiva.org takes on world poverty with its peer-to-peer mic...
by jaed on Friday October 26, 2007 @12:38PM
(#72931)
MicroPlace.com just launched the other day and apparently actually allows you to charge a nominal interest rate so you can get a return on the loan. The point isn't to make oodles of money off of developing world entrepreneurs, but it is a slightly more attractive offer than Kiva's 0% interest loan. If you so decided, the interest you generate from MicroPlace could get then go back into another loan so the cycle continues again. Rinse, lather, repeat.
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