Thursday, 3 May 2007

Click...to lend, borrow or exchange

Been busy this week with BBC Click taking a look at how the web is changing the way we lend, borrow and trade currencies. My report can be seen on BBC News 24 on Sat and Sun morning EARLY - 6.45 ish ! But of course you can see it on Click On-line from Sat I think.......also on BBC World from today.

Some great sites featured in this weeks report: Kiva.org - Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back.

Zopa.com - is the marketplace for Social Lending. People lend and borrow money with each other, sidestepping the banks and Fxaworld.com - The first user-friendly marketplace for exchanging foreign currencies and reducing the risks and costs of international transactions.

Please let me have some feedback and think about the possibility of helping people via Kiva. As The Huffington Post says :

"Kiva.org allows people the very American satisfaction of both helping someone and getting their money back."

A win - win.....