4 ms·
Kiva has also seen some controversy. Read http://www.nytimes.com/2010/04/14/world/14microfinance.html http://www.nytimes.com/2010/04/14/world/14microfinance.ht
by Tepix 8y ago
Kiva has also seen some controversy.
Read
http://www.nytimes.com/2010/04/14/world/14microfinance.html http://www.nytimes.com/2010/04/14/world/14microfinance.html
and Kiva's response at
https://pages.kiva.org/blog/new-york-times-article-on-microfinance-interest-rates-and-profits https://pages.kiva.org/blog/new-york-times-article-on-microf...
- precisioncoder 8y agoThanks for pointing this out to me! It's disappointing to hear that, but after reading through the Kiva's response I understand some of the difficulty. They're certainly not ideal but seem like a solid choice compared to most of the other organizations out there that are completely opaque as to what is actually done with the money.