KIVA PEER-TO-PEER LENDING INFOGRAPHIC

This is a very cool infographic using data from Kiva, the peer-to-peer lending network. HAT TIP TO Jason Pearson

Kiva defines itself as "a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world." Very cool.


Intercontinental Ballistic Microfinance from Kiva on Vimeo.

We often complain how charity money disappears into admin costs, but here we have no excuses - the intermediary is disintermediated, and we get to build a direct relationship with the beneficiary.

This is the type of cool stuff that reaffirms why we work with the Internet and how it's changing the world.

Here's a video that explains how it works.

How Kiva Works from Kiva on Vimeo.