SVP does microfinance

We love peer-to-peer lending sites like Kiva and Prosper,  which are creating a revolution in microfinance by linking small businesspeople seeking loans with people who have spare change to invest.  But all those sites require a good credit score, which defeats the whole purpose — most of our members have no credit at all.  So we sent around an email and collected $1,700 for peanut vendor Mohammed Ullah, who needs the money to renew his license. Read about this project (with video) here and let us know if you’d be willing to support a broader SVP loan fund in the future.