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According to the MicroPlace Small Change Big Change site, the piggy bank pictured below holds about $100 in small change and that is about what it takes for a poor person to start a business and work his/her way out of poverty. Today, MicroPlace launched a new “Small change.

KNOWLEDGE -- May 28 -- Nearly everyone told Matt and Jessica Flannery that their idea -- a website where people could make micro loans to individual borrowers in the developing world -- wouldn't work. Today, Kiva.org is one of the hottest and hippest on the web.

MicroPlace Adds Nine Countries to Roster of Microfinance 4.23.2008 - 08:30pm

My friend Sonal Shah is working on a new initiative at Google.org to help fuel the growth of Small- & Medium-size Enterprises (SMEs), initially in India & Africa. Along with Omidyar Network & the Soros Economic Development Fund, Google.org recently announced the creation of a $17M investment company focused on SMEs in India.

My friend Sonal Shah is working on a new initiative at Google.org to help fuel the growth of Small- & Medium-size Enterprises (SMEs), initially in India & Africa. Along with Omidyar Network & the Soros Economic Development Fund, Google.org recently announced the creation of a $17M investment company focused on SMEs in India.

February 24, 2008 MicroPlace: Microfinance for the Masses by Anne Moore Odell US investors with as little as $100 can help fight global poverty at eBay owned MicroPlace. SocialFunds.com — Working for the Grameen Bank of Bangladesh in the 1990s, Tracey Pettengill Turner saw first hand how microfinance works to lift people out of poverty.

Microfinance, making small loans, gained tremendous recognition when microcredit pioneer Muhammad Yunus earned a 2006 Nobel Peace Prize for his initiatives at Grameen Bank. Now, thanks to an initiative at eBay, individual investors can also help fight global poverty.

Aha! Finally! I have been running Social Businesses for many years (though I did not use the term up until now), so it is delightful to have Professor Yunus not only give it a name, but shine a bright light on such a valuable free-market approach to addressing social change! Today I run a Social Business called MicroPlace, which is a wholly owned subsidiary of eBay.