An Update on the Kiva Micro-Finance Experiment, Part III

Last September, I introduced you to Kiva, the world's first person-to-person micro-lending initiative in a post where I posed the question Can Micro-Finance Make a Macro-Difference? after being referred to the site by a fellow hoser. In an attempt to answer that question, I decided to conduct an experiment. Since last July, I have been making a minimum of two loans a month under the hypothesis that if it works, after a year I will have enough capital in the Kiva system to help at least one new person every ...