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“Kiva takes (the idea of peer-to-peer lending) and applies it to the established concept of microfinance - making small loans to the working poor to help them establish or expand businesses. So, instead of giving a donation to an organisation such as Oxfam to distribute, peer-to-peer lending lets you invest small amounts directly in a particular entrepreneur - such as Mohamad Marah in Kabala, Sierra Leone. With his $US200 loan, Marah has been able to expand his garment business, buying three extra sewing machines.”
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