Tuesday, December 25, 2007

Investing in Cambodian Bicycle Repair

My daughter game me a give certificate to kiva.org, a microfinance operation. You can loan actual money to people in the third world, and if all goes well they will pay you back and you can loan some more.

I picked a bike and moto repair shop in Cambodia to invest in. Here's the link.

Supply and demand occurs here as well, and today (Christmas) there are more people loaning money than there are projects which have been vetted, and they are limiting investments to $25 per project.

This is a great idea. It will be interesting to see how this pans out.

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