This new website, Vittana.org is a great way to express the innovation of Micro Finance. Many of us are familiar with Greeman bank or Kiva.org but barely any of us over here at New Earth Community had any idea that micro finance loans could be given out for University tuition and even better enforced through the institutions benefiting from these loans received by their students.
So anyways, this Seattle microlending Web site led by former Amazon employees Kushal Chakrabarti and Brett Witt, has introduced March Microfinance Madness. The new competition — with participation from TechCrunch, Huffington Post, Facebook, Teachstreet, Duke, University of California and other technology startups and educational institutions — is designed to lend money to college students in emerging countries. You can check on it’s leaderboard here: http://www.vittana.org/marchmadness2010
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