Our family is doing this, on a small scale, and from our experience, as well as impartial third party analysts, this is a good program. You get to keep up with the progress of your borrower, you can chose from many countries and different types of people, and the payback rate is remarkably high and prompt, often ahead of schedule.
If you believe as I do that foreign aid usually does more harm than good–entrenching dictators and feeding corruption–then this is a good free-market way to help these budding entrepreneurs.
