Microfinance: A New Way to Invest

One of the trends hitting the investment world is microfinance. For most people, this is a way to make money by offering small loans to the poverty stricken to help them start business ventures. Microfinance isn’t new, but the growing focus on it is. Even eBay is now getting in on microfinance.
Another way to make money from microfinance is to join person-to-person lending communities like Prosper. Prosper has been around for a while, and it exists by helping people connect with other individuals. Lenders make money on interest and fees (usually higher than what is made on micro loans to …read more