Open Up Your Virtual Wallet - The buzz about online microlending

With the media hype surrounding Kiva.org and the recent launch of eBay's MicroPlace, the phenomenon of online microlending has taken off, creating a brand new virtual class of retail investors and lenders for microfinance institutions (MFIs) - perhaps changing the face of microfinance capital. A new Microfinance Gateway Highlight takes a look at this new trend to answer questions about how it works, the differences between Kiva and MicroPlace, and some of their challenges and critiques moving forward.

View full text ››    Print     Email     Comment     Add content

Contributor: Abigail Augusta
Published Date: April 11, 2008

Member Comments: (1) agnes escudero ( Member ) hello, I am mrs. escudero, I's like to know if indigenous communties could avail of the online micro lending process that you are offering. and should we still have to go through rigorous process? Please let me know I am eager to help the indigenous communties through your system. we focus on the agricultural enhancement of the ancestral lands. thanks, agnes [April  30, 2008]