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The company was started by someone I worked with at Tivo along with his wife.
The purpose is to allow individuals to directly loan money to small businesses in africa in order to allow the business owners to grow their businesses. Once the money is paid back you can loan the money to another business, withdraw it completely, or donate all or part of it to help with Kiva's overhead. One hundred percent of the money you loan goes directly to the person to whom you are lending.
I will be working on the software for the website as well as traveling around Africa to help show people how to use the site in order to update the lenders on how the business is going.
Here is a list of some of the businesses to which money has been loaned:
You're my first visitor!
(I think this link goes to the wrong place now)