Small Business Microfinance ideas by Netbanker

Posted by q4sales under Raising Capital
From http://www.netbanker.com 5630 days ago
Made Hot by: on June 17, 2009 10:16 pm

Great overview on Kiva's small business gift program, but links to other useful peer-to-peer lending programs. Search the site for key terms.

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Comments

Written by ShawnHessinger
5625 days ago

Always been interested in the idea of microfinance and have wondered, especially in our current economic climate, about the possibility of using it in more developed economies as well. What could small entrepreneurs do with microfinance options to rejuvenate even the largest most powerful economies like the one in the US? After so much huge unsustainable debt, what would be the cumulative effect of thousands or millions of tiny loans aimed at startup economic activity on the community level? Especially if such microfinancing was organized at low easy-to-repay rates.

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