An interesting twist on Microfinance
The peer-to-peer micro-lending organisation Kiva help businesspeople in the US to lend to small businesses in developing countries. They have now announced that the major credit card company Advanta will match any loans made using the Kiva-Advanta credit card.
The Economist has recently published a good overview of the opportunities for conventional banks to provide financial services to bottom of the pyramid customers in Africa.
Peter Wilson
Post a Comment
Email Article to Friend
This work is licensed under a
Creative Commons License.
Reader Comments