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Friday, October 14, 2005
Next Big Things Forget about Ning, the future is Kiva: coordination economies, microchunking into new domains (in this case, capital formation), and disrupting markets and regulatory structures in the process. Seriously, unspeakably, awesome.
Comments:
This is pretty cool. It'd be interesting to see if this idea can be extended to countries in the Indian SubC.
Interesting to compare with Unitus (http://www.unitus.com/)
not very interesting at first glance. the idea is good and wholesome, but the flavor isn't tasty. I imagine it could be made more appealing and fun, but I don't have any concrete ideas. More transparency to the loan recipient experience subsequent to loan might make it more rewarding.
Actually Unitus CEO, Geoff Davis, was one th first members on Kiva's Board of Directors. Since Kiva looks to the Field Partners (MFIs) to ensure culturally relevant impact for micro-entrepreneurs, the Kiva model is applicable anywhere in the world MFIs can exist.
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