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Acquired byeBay
Date4/07
TermsCash

General Information

Websitemicroplace.com
Blogblog.microplace.com
CategoryConsumer Web
Phone(866) 478-3229
Emailquestions@micropl...
Employees15
Founded1/07

Offices

People

Founder
General Manager
CCO, Customer Service
head of Finance

Former People

Chief of Technology
Chief of Technology

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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 7/24/12

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