Displaying comments 1 to 5 of 5
MeTa post:
Los Angeleeeeeeez
I came late to this post and the bar, but I had good time (er, in both?). We should have gone to the Thai place Math Owie recommended upthread. Next meet-up at Rae's Lounge?
posted to MetaTalk by HE Amb. T. S. L. DuVal
at 1:09 PM on April 22, 2008
MeTa post:
Magnanimity
In re: problems caused by Kiva donations being micromanaged or targeted by the donor.
I can tell you that this is somewhat true but nothing to worry about. It's true because an African woman on the front page of Kiva's website will have their loan filled in no time, while an Eastern European man will linger on there for a while. However, it's not really a problem for you, the donor, to be selective because Kiva doesn't actually send the money overseas in $100, $200 or $500... [more]
posted to MetaTalk by HE Amb. T. S. L. DuVal
at 2:25 AM on March 1, 2008
jacquilynne: I don't know enough about economics to answer your question thoroughly. As I understand it, increases in wages are always trying to keep up with increases in prices that are caused by increases in wages, ad infinitum. With microcredit programs, however, we're talking about increasing profits for small businesses. In many cases your Kiva loan is being offered to an entrepreneur who previously could only turn to a loan shark who charged 1000% interest. In other cases the money... [more]
posted to MetaTalk by HE Amb. T. S. L. DuVal
at 11:35 AM on March 1, 2008
