Microlending in America
An ambitious social experiment will launch later this year that will test Americans’ ability and willingness not just to give, but to give to one another. Kiva, an online micro-lender that has so far worked only in developing nations, will be launching here in the U.S. Americans have been more than willing to give small loans to businesses in Africa and South America. But will they loan to one another? To help answer that question, The Takeaway is joined by Premal Shah, the president of Kiva.
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