Micro-Lending - SocialTimes http://socialtimes.com Your Social Media Source Copyright 2012 Mon, 28 May 2012 03:37:47 +0000 http://blogs.law.harvard.edu/tech/rss http://wordpress.org/?v=3.1.1 Kiva Now Taking Loans via hi5 -Kiva Logo-In the truest of holiday spirits, social network hi5 has teamed up with micro-lending site Kiva.org in order to provide an integrated way in which hi5 users can make direct, person-to-person microloans via Kiva’s service. This will be accomplished through a Kiva community profile on the hi5 network, enabling the users on hi5 to lend directly to the entrepreneurs.

Why does hi5 or Kiva need a partnership like this? It enables both hi5 and Kiva to operate on a global scale. Kiva already acted as a financial medium for micro-lenders and those in developing countries in need of money to launch their startups. But digging into a large and already global network like hi5 means that Kiva can tap into hi5′s social network in order to promote more giving.
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]]> Kristen Nicole http://socialtimes.com/kiva-now-taking-loans-via-hi5_b991#disqus_thread http://socialtimes.com/kiva-now-taking-loans-via-hi5_b991 http://www.socialtimes.com/?p=991 Thu, 18 Dec 2008 17:13:26 +0000