Has anyone ever used Kiva or other microlending platforms?
I like the idea of loaning money (teaching a man to fish etc.), especially to those in the developing world. I have continuously re-loaned $1K since medical school about 5x and now that I am an attending and comfortable I'd be interested in increasing the amount, but I am not sure if it is very effective or if there are better options. They do charge the borrowers a significant amount of interest.
I like the idea of loaning money (teaching a man to fish etc.), especially to those in the developing world. I have continuously re-loaned $1K since medical school about 5x and now that I am an attending and comfortable I'd be interested in increasing the amount, but I am not sure if it is very effective or if there are better options. They do charge the borrowers a significant amount of interest.
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