“Due to a recent surge in support ignited by viewers of the Oprah Winfrey Show, the Today Show, and readers of President Clinton’s newly released book Giving, there is currently a shortage of businesses in need of loans. The Kiva.org staff and our Field Partners are working overtime to get more businesses on the website. In the meantime, thank you for your patience!” [some links added]
Too many people giving and not enough available folks in need!
If you are not familiar with Kiva, it’s an amazing microfinance organization that allows interested individuals to make microloans to folks in developing companies starting their own business. The default rate on loans is an astonishing .4%.
For other press coverage on Kiva, click here.