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Friendly Planet Travel Partners With Kiva On Poverty

Tuesday, August 18, 2009 5:17:00 AM PDT | VentureDeal Staff

Jenkintown, Pennsylvania  --  Travel website Friendly Planet Travel has announced an alliance with micro lending company Kiva.

Friendly Planet has established a company lending team to provide micro loans to entrepreneurs around the world via the Kiva website.

"A micro-loan of as little as $25 can help a seamstress in Uganda or a mechanic in Guatemala purchase the equipment or goods they need to expand their business and make it profitable and self-sustaining," says Zach Grossman, who started the Kiva initiative at Friendly Planet Travel.

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