I completely agree with you... there is a revolution underway. I posted something at http://www.capitalai.com/blog/20...he-day-prosper/ and actually linked back to you for your analysis of the situation... enjoy!
mrosner | Homepage | 05.11.07 - 8:08 am | #

Hey Rezwan, thanks for the comment and sending on the link.

While I agree with you that Microcredit is hyped up a LOT, i'd like to point out that Prosper is a little different from Kiva in that only US Residents are eligible to loan and be loaned to, from what I can tell.

Kiva, using an established partner NGO network, directs these loans directly to poor people in developing countries. That's why
Mikey Leung | Homepage | 07.07.07 - 2:53 pm | #

shoot.. looks like the rest of my comment was cut off!

I was writing:

That's why I found Kiva so fascinating. It's pretty rewarding to know that your loan is directly helping out somebody in need.

I'll be watching Kiva for updates on how their Bangladesh work is going.
Mikey Leung | Homepage | 07.07.07 - 2:56 pm | #