Mircoloans

Microloans won the Nobel Prize by helping out the poor because it really was useful to them to be able to borrow a bit of money to get them out of a bad situation. As an organization it is rated very high because it is a very respected organization due to the fact that it has high reviews. Its repay rate for its loans is also very high between 98-99 which makes it have such a high regard. America's greatest philanthropists include Warren Buffet, Bill Gates, and Li Ka-shing. Warren Buffet donates to charities and Bill Gates gives away half of his fortune to the less fortunate. If I would do a Kiva loan though I would probably donate to somebody that is having trouble running a business in a less fortunate country.

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