3wdl's Blog

As part of the Engine Group, with its Our Little Bit CSR policy, we at Altogether Digital are always on the look-out for ways of doing our little bit. And via a Tweet by Mike Butcher, editor of TechCrunch UK, I found Kiva.
Basically Kiva is a site which takes the idea of microfinance or microcredit, as popularised by
Muhammad Yunus (who won a Nobel Peace prize for his troubles), whereby people in the developing world are given small loans which allow them to take control of their lives, and mixes it with the collaborative nature of Web 2.0. Essentially Kiva allows you to loan a small amount of money to an entrepreneur in the developing world, so that they no longer have to rely on charity.
The site has partnered with a host of existing microfinance institutions, who are una...