Microfinance - buy it on eBay
Microplace – a new subsidiary of the world's largest virtual market place – will open for business this fall. A free-market-like web platform, the site will generate a supply of investors to meet the rapidly growing demand for capital in microfinance.
Should Kiva be nervous? With the long-term market for microfinance estimated at $300 billion, there should be enough business for everyone.
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Excellent! Only at eBay can I buy a Holy Toast Bread Stamper (that's right--try searching for it!) and supply capital to my favorite microfinance provider. It's my one-stop shop!
Posted by: Dirk | May 2, 2007 3:23:09 PM
Is it really necessary to generate a supply of investors?
I'm reminded of a recent blog posting by Google's Chris DiBona.
"Don't say you're going to do it.
Do it."
Posted by: Michael Saunby | May 3, 2007 6:00:27 PM
Kiva is the first mover in this space. I'm intrigued by the for profit slant on this initiative.
Posted by: Rynecki | Jun 12, 2007 5:18:37 PM