Vittana- “Ultimate Game Changer in Philanthropy”
Vittana, which beat out such well-known charities as DonorsChoose and people like Mayor Michael R. Bloomberg of New York, is building a student loan business for microfinance institutions that cater to poor people in the developing world.It uses a model similar to that of Kiva.org, a nonprofit organization that funnels loans to individual borrowers through microfinance institutions. The method is to solicit individual lenders for money that will back loans to young adults seeking college educations.
Categories: Tech + Social Ventures