Wednesday, December 4, 2013

New Notes

          Today in human geo we took notes for the test. I learned that a total of 637,003 loans have been funded through Kiva. The average loan size on Kiva is $410.89. The average Kiva user has made 10.06 loans. Students that want to pay for their education can also use Kiva not just small businesses.  A down fall of microloans is that it has high interest rates. They can be as high as 23%. I will continue the notes Friday. Thanks for reading.

No comments:

Post a Comment