Thread: Microloans (Blog)
View Single Post
Old 08-14-2011, 11:04 PM   #7 (permalink)
Brutha
Family Member
 
Join Date: Nov 2006
Location: Berlin, Germany
Posts: 8,749
Brutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud ofBrutha has much to be proud of
Default
Quote:
Awesome! Charities keep about 95% of the donations to pay salaries, doesn't make me want to give them any money. These microloans will be where I tithe.
With Kiva there is administrative overhead that gets financed through interest payments.
Brutha is offline   Reply With Quote