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[BUSINESS] Premal Shah's "Kiva.Org" (Connecting People)

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  • madchinaman
    Premal Shah http://www.eastwestmagazine.com/content/view/106/40/ With a Stanford degree and PayPal experience under his belt, Premal Shah is turning the dot
    Message 1 of 1 , Dec 13, 2006
      Premal Shah
      http://www.eastwestmagazine.com/content/view/106/40/


      With a Stanford degree and PayPal experience under his belt, Premal
      Shah is turning the dot com industry onto its giving side. As President
      of Kiva.org, Shah is helping connect individuals across continents to
      support unique small businesses in developing countries.

      Users can peruse small business profiles and then choose to sponsor a
      needy business via a loan of small or large amounts. Consider it a sort
      of eBay meets MySpace for microfinance, a mechanism by which every
      person can encourage and support economic independence throughout the
      world.

      It's mighty ambitious, but this team of experienced entrepreneurs with
      Web 2.0 savvy has all the ingredients for a successful Internet story
      in 2007.
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