http://bfwatch-prod3.barcampbank.org/?q=node/91 Comments for "Kiva" en http://bfwatch-prod3.barcampbank.org/?q=node/91 <div class="vote-up-down-widget"><span class="up-inact" title="You must login to vote."></span><span class="down-inact" title="You must login to vote."></span></div><div class="field field-type-text field-field-url"><div class="field-label">URL:</div><div class="field-items"><div class="field-item"><p><a href="http://www.kiva.org" title="http://www.kiva.org">http://www.kiva.org</a></p> </div></div></div><div class="field field-type-text field-field-short-description"><div class="field-label">Short description:</div><div class="field-items"><div class="field-item"><h1>How Kiva Works</h1> <h2>Choose an Entrepreneur, Lend, Get Repaid</h2> <p>The below diagram shows briefly how money gets from you to a developing-world entrepreneur, and back. <p><strong>1) Lenders like you browse profiles of entrepreneurs </strong>in need, and choose someone to lend to. When they lend, using PayPal or their credit cards, Kiva collects the funds and then passes them along to one of our microfinance partners worldwide.</p> <p><strong>2) Kiva's microfinance partners distribute the loan </strong>funds to the selected entrepreneur. Often, our partners also provide training and other assistance to maximize the entrepreneur's chances of success.</p> <p><strong>3)</strong> Over time, <strong>the entrepreneur repays </strong>their loan. Repayment and other updates are posted on Kiva and emailed to lenders who wish to receive them.</p> <p><strong>4)</strong> When <strong>lenders get their money back</strong>, they can re-lend to someone else in need, donate their funds to Kiva (to cover operational expenses), or withdraw their funds.</p> <p><a href="http://newbiz.romandie.com/post/4683/63654"></a></p> </div></div></div> http://bfwatch-prod3.barcampbank.org/?q=node/91#comment P2PLending P2PVenture Microfinance English Company site Thu, 09 Aug 2007 12:11:40 +0000 fredericbaud 91 at http://bfwatch-prod3.barcampbank.org