Thursday, October 25, 2007

Microplace - Online microfinance

An Ebay owned company Microplace has launched a site through which online folks can invest any sum over US$100, earn some interest, and hope thew money invested goes to help poor people around the world in the form of microfinance. [Source]

This venture is different from, in that Kiva provides a direct people-to-people microfinance exchange, and you cannot earn any interest.

Now is not the time to discuss which is better. More the merrier.

No comments: