eBay has launched ‘MicroPlace’, a microlending website. According to eBay, people can purchase an investment on MicroPlace to provide loans to the working poor as well as earn returns on their investment. [MicroPlace]


eBay has launched ‘MicroPlace’, a microlending website.

According to eBay, people can purchase an investment on MicroPlace to provide loans to the working poor as well as earn returns on their investment.

According to MicroPlace, the three steps are:

“Step 1: You purchase an investment on MicroPlace that provides the opportunity to earn a financial return.

Step 2: Your investment dollars are used to provide loans to the working poor.

Step 3: The working poor use their loans to build businesses. They repay their loans and pull themselves out of poverty!”

MicroPlace

Sharing is caring