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Micro-Banking Has a Go in the U.S. [View article]
Kiva Microfunds is an organization that allows people to lend money via the Internet to microfinance institutions in developing countries which in turn lend the money to small businesses.
Kiva was founded in October 2005 by Matt and Jessica Flannery. The couple's initial interest in microfinance was inspired by a 2003 lecture given by Grameen Bank founder Muhammad Yunus at Stanford Business School.
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