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by rhc2104
4561 days ago
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With Kiva, you can lend money at 0% interest to a microfinance institute, which utilizes the interest-free capital to give a loan at a slightly lower interest rate than it otherwise would. http://en.wikipedia.org/wiki/Kiva_%28organization%29#Current... As of January 7, 2010, 35.21% is the Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) to All Kiva Field Partners. |
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