Though about a month old, I thought this is still worth watching.
Ebay: The Place for Microfinance- Business Week
Tracey Pettengill Turner doesn't want to give handouts to poor people. But she does want to make investments in them. So on Oct. 24, Turner is launching MicroPlace.com, a Web site that lets small investors provide low-interest "micro" loans, of $50 or more, to would-be small business owners. Her hope is to create sustainable economic growth in the world's most impoverished communities—and do her part to expand the reach of the microfinance industry to more than 1 billion people worldwide, from about 100 million people currently.
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