Kiva.org, the online organization that allows individuals to invest in development micro-loans around the world, is open to working with credit unions lending projects in the U.S., the organization said.
Kiva has already partnered with ASI Federal Credit Union, a 73,000-member community development credit union that serves the greater New Orleans area and funded 14 loans to New Orleans entrepreneurs.
The project, Kiva New Orleans, is the second of a series of efforts Kiva hopes will both highlight the organization and micro-lending opportunities in the U.S. Kiva has launched a similar effort in Detroit which does not involve a credit union.
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