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Acquired byeBay
Date4/2007
TermsCash

General Information

Websitemicroplace.com
Blogblog.microplace.com
CategoryConsumer Web
Phone(866) 478-3229
Emailquestions@micropl...
Employees15
Founded1/2007

Offices

People

Founder
General Manager
CCO, Customer Service
head of Finance

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MicroPlace

MicroPlace is a social business owned by eBay. It focuses on microfinance loans sent via the internet, utilizing PayPal, allowing users to choose specific lending clients and businesses and loan them money over a designated period of time. Unlike competitor Kiva, investments are returned to the lendee with interest.

Microplace’s stated mission is to alleviate global poverty by offering investments that enable loans to hardworking poor people.

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MicroPlace screenshot
Above: MicroPlace Investment Poverty Filter
Uploaded: 1/8/09

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Microplace

Sources

  1. eBay Getting into Micro-Finance through Purchase of MicroPlace (auctionbytes.com) [edit]
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Last Edited 11/29/13

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