11 Sep '11, 9am

People-Powered Socially Responsible Investing: Report from SOCAP11 Day 2 | Care2 Causes

People-Powered Socially Responsible Investing: Report from SOCAP11 Day 2 | Care2 Causes

As a perhaps typical young woman, my first foray into socially responsible investing took place just last summer with my first Kiva loan, made to a Keyan woman named Nancy Khatsembuli, whose age and story resonated with me. When I learned about peer to peer lending I expanded to Lending Club , where I made my first interest bearing loan to an individual borrower for green home improvements. Thanks to SOCAP11, I have just been introduced to another lending platform that blends my two interests – socially responsible investing with return on investment. MicroPlace , a subsidiary of Ebay is an online platform that permits unaccredited investors with small amounts of disposable income to purchase securities. Funds generated by the sale of these securities are then invested in microfinance institutions worldwide. The platform differs from Kiva in that Kiva lenders select indivi...

Full article: http://www.care2.com/causes/people-powered-socially-respo...

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