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“People are lining up. In fact, Kiva has so many lenders—more than 123,000 extending $12.4 million to some 18,000 entrepreneurs in 39 countries—that it recently limited each participant to $25 per business, “so that everyone has a chance to make a Kiva loan.” After two years in operation, Kiva attracts $1.5 million a month, Matt says. The impact is bigger than it looks, notes Jessica, MBA ’07, because “each loan is touching 15 people, whether it’s other workers in the business, or family.” — An article from Stanford Magazine.
