World Banker
Posted on August 27th, 2009 by als
A Web site that allows people to make small, $25 loans has become a pretty big deal. Matt Flannery used his programming skills to develop Kiva.org, which allows people to lend money to entrepreneurs in developing countries after browsing their profiles online. Kate Ewhrugakpo in Nigeria borrowed $350 to buy sewing machines and fabric for designing clothes and paid back the loan in eight months.
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Tags: Computer, Programming, Technology
