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A term for the practice of providing financial services, such as microcredit, microsavings or microinsurance to poor people. By helping them to accumulate usably large sums of money, this expands their choices and reduces the risks they face. As suggested by the name, most transactions involve small amounts of money, frequently less than US$100. Read more... |
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Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org , you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back. website: www.kiva.org |
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 Banco do Povo
Providing credit to the small entrepreneur and helping local economies. |
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