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MicroPlace aims to relieve global poverty

Flag As Inappropriatejarkko jarkko 11 months ago about eBay Inc.

MicroPlace, an eBay subsidiary, is a new online brokerage for so-called microinvestments, small loans given to third-world entrepreneurs. It’s kind of what Kiva.org is, except that it is a SEC-approved brokerage, giving it the possibility to actually pay interest to the investors (and securitize and thus trade loans). The founder of MicroPlace, Tracey Pettengill Turner, has a long history working for pioneering financial institutions such as the Nobel Prize winning Grameen Bank.

I find this a great step in making mikrofinance more mainstream and accessible to the normal people. Wish them all the luck.

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  • jarkko
  • Jolee
  • Ted
  • ryan
  • LaurenS

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LaurenS

WorldofGood.com - an eBay Marketplace

LaurenS 9 months ago

Great news! – speaking of eBay projects, WorldofGood.com has just launched their new online Community! , a partnership of eBay Inc. + World of Good, Inc, the Community convenes a global dialogue of conscious people, producers, media providers & more… good people, great ideas & relevant info that’s empowering – to make positive change through commerce!

Visit the site (or click these links) to see original Articles, Blogs , Polls, & Discussion boards, on all KINDS of eco & people-positive socially-conscious topics (from responsible travel, eco-tips, ethical sourcing, Fair Trade towns, HIV/AIDS in Africa, & issues facing producer groups in the Global South). Exciting, no?!

EACH of WorldofGood.com’s_ social network pages have different fundraiser for artisan groups – when each group reaches 6,000 members, WorldofGood.com will donate grant $ to Artisan Development projects in Peru &/or Guatemala!: Facebook , MySpace , Care2 , & change.org . WorldofGood.com* also has a cool Orkut profile & Gaia page !

Thanks for doin’ the right thing… spreading good news on do-gooders doin’ good! :0)

~Lauren

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