Kiva Zip (0% Interest)
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Monthly Archives: July 2015
The Maharishi Education for Invincibility Trust (MEIT) runs in South Africa. They offer loans to students to help them enrol in University. (70% of youth in that area are unemployed.) They also provide skills and training, including how to cope … Continue reading
Kiva Zip, launched several months ago, offers interest-free loans. Unlike a typical Kiva loan, there is no MFI in the middle who administers the loan; the funds go directly from Kiva lenders to the borrower. Since there’s no MFI to … Continue reading
One of our lesser-known MFIs is Agro Capital Management. Initially, they offered interest-free loans. Unfortunately, now, they do charge interest on Kiva loans; so we’ve removed them from our feed.