Premal Shah who founded the crowdfunding non-profit kiva.org has been honored by the White House as one of 12 Crowdfunding Champions of Change, reports India West
Kiva.org facilitates the lending of money via the internet to finance institutions, social businesses, schools or non-profit organizations in developing countries.
Shah launced Kiva.org eight years ago and since then more than one million entrepreneurs in 65 countries and 30 American cities have received a total of $440 million in loans.
During the last year, Kiva.org launced kiva zip to provide small business loans in the United States. You can read a lot more about the pilot project in India West .