Wednesday, December 30, 2009

Micro Finance in your life

I have been noticing public service ads and what caught my eye is the Micro Finance ads. This is something I am not very familiar with but am aware of. The best thing about micro financing is, you can choose the person you want to lend money to and help them.

What's in it for you?
Well, the pay back has a certain amount of interest as well.
What's in it for the borrower?
They would have a lesser rate of payback interest
What's in it for the micro financer?
He takes the delta money

In summary, Kiva Micro Finance or the Indian Dhanax could just open up your window to the community service as well as earn you a good ROI (return on investment). Sounds like a good deal to me!

3 comments:

Anjuli said...

so are you supposed to be the one loaning the money- or getting the money?

Sneo said...

first you loan the money. and then you get back your money with interest

Manasa said...

have u signed up?

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