A mysterious new application
Kiva Microfunds is an organization that allows people to lend money via the Internet to microfinance institutions in developing countries which in turn lend the money to small businesses. It is a non-profit organization headquartered in San Francisco, supported by donations from its users and through partnerships with businesses and other institutions.… More Edit
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Did you create this app?| Website: | Kiva.org |
| Developer: | Kiva |
| License: | Free |
| Rating: | Features: Interface: Performance: Price/value: Overall: |
| Usage: | 6 days, 17 hours and 20 seconds |
| Usage since: | 12 October 2008 |
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If I can help some people building a better life, I think lending them a small amount like 25$ is the least I can do.
Best way to lend your money.
Kiva's concept is brilliant and powerful. It's basically on the road to solving world poverty, and all you have to do is loan your spare change. What strikes me most about the idea is just how scalable it can be. The site spent its early efforts getting all the financial stuff right (good plan!), and now I'm looking forward to some improvements to its social features. The good things about the design are its simplicity and ease of navigation. The main bad thing is the lending group email discussion forum software (look under the Community tab). They've actually managed to make something less effective than listserv!
Kiva is an awesome site, allowing you to lend money via the Internet to microfinance institutions in developing countries which in turn lend the money to small businesses. A great initiative!
It's hardly a web app but Kiva is an awesome site nonetheless. Do good without the inefficiencies of large and dumb organizations.