April 28, 2009 (Wiretap) Microcredit is usually championed for giving farmers, street vendors and shopkeepers a reliable access to credit they otherwise wouldn’t receive. But with the launch of LendforPeace.org, an online non-profit microfinance brokerage that focuses exclusively on the Palestinian territories, microcredit may soon be hailed as more than a tool for combating poverty. [...]
A new P2P microlending site has emerged with a specific focus on the Palestinian Territories.