From Duct-Tape Marketing:
Mark Flannery co-founded Kiva.org with his wife a few years ago and their success has forever altered the way entrepreneurs in the developing world get access to the small amounts of capital that can make a huge impact on their businesses and lives. In doing so they’ve also opened up an entirely new channel of micro lending to businesses and individuals who would like a way to help the smallest of businesses get going.
Here’s how it works:
1. You go to the Kiva site and choose an entrepreneur who has posted and been screened for a need
2. You make a loan payment for as little as $25 through Paypal or credit card
3. Receive a journal so you can keep track of how your entrepreneur is doing
4. Withdraw or reloan the proceeds from your load