Alright Kiva sounds like a cool concept but heres my question. If i donate my money i get a tax break if i lend my money do i still get a tax break? Our we as a society so cheap that we cannot donate 25 bucks anymore or are we so selfish with our money that we want repaid even if it is a good cause? I am not sure the answer to any of these questions but i just wonder what happens. Also not all entrepreneurs succeed if the guy fails does he have to pay you back? I looked at their site very quickly and wondered all these things if anyone knows more please fill me in but a really cool concept?
2 Responses to “KIva”
http://www.pbs.org/frontlineworld/stories/uganda601/history.html i found this article that describes micro lending and is very good read.
another great article maybe it isnt as great as one thinks. http://moneychangesthings.blogspot.com/2007/12/kiva-updates-good-and-mexican-micro.html