quote:
The internet is revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries, be they a farmer in Kenya who wants to invest in new cows or a seamstress in India who wants to open her own shop. "The website is kind of like a combination of eBay and Amazon. And the idea is that qualified grassroots projects from around the world can be listed, as long as they meet certain qualifications. If you're a donor, and you're interested in HIV/Aids, you can find projects to fund. If you're interested in projects in Kenya, you can find those. It's a clearing house."
"The challenge that these microcharity enterprises have is identifying great projects, vetting them, ensuring that they are on the level, and ensuring that they are using the money wisely" - Ethan Zuckerman, Harvard Law School