Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in developing nations
by
worldly
on 30/12/2011, 13:38:12 UTC
I won't support Kiva, heard too many bad things about their lending partners and their loan shark ways.  The wikipedia lists their interest rates and some are over 50%.  Yep, helping those poor third worlders all right.  

http://en.wikipedia.org/wiki/Kiva_%28organization%29#Interest_rates_2

Wholly crap you are right, maybe btc would allow kiva to bypass the field partners altogether and offer 0% interest rates.

That would be pretty cool.