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Can Online Investing End Poverty?

"Invest Wisely. End Poverty." This is the goal of eBay's new online microfinance investment marketplace, MicroPlace. While online microlending has been growing more popular with peer-to-peer offeri...  
 
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odakueffect (7 months ago) Show Hide
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No.
chamillionairekid (9 months ago) Show Hide
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If you invest where I invest online!
areyouthinking (1 year ago) Show Hide
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Microplace and eBay are 2 different things... I am sorry you didn't make enough bottom line on eBay, but really that has NOTHING to do with Microplace! Microplace is and AWESOME opportunity to help people in the world, but without throwing money at the problems. Giving people money doesn't change their life but lending them money and requiring it be paid back enables people to improve their own life! Go Mircoplace!
Fixhist (1 year ago) Show Hide
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Problem with eBay is,it takes almost 10% out rightly, Together with Paypal fee it makes it inviable to transact.
My experience with eBay,it suits only if you have something of no-value to you,which you could sale for no gain or little gain.
I sold furniture on eBay,I end up paying to eBay with almost no profit to my business.

Paypal is Switzerland based international banking,easy and convenient,Its not friendly to vendor.

Secured or not, micro financing will be a challenge in recovery ? ?? ?

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