Kiva, the first web-based p2p business making it possible for anyone to lend to a specific microentrepreneur in the developing world -empowering them to lift themselves out of poverty- has been given the official status as a nonprofit, or 501(c)3 (Kiva’s article) One can choose a business/microentrepreneur and start making loans from US 25 dollars using a PC and a Paypal account. I sincerely congratulate Jessica and Matthew Flannery for their terrific work in making Kiva what it is today. I have been following Kiva from last year and it has been fascinating to see how it has grown exponentially from a website showing one MFI in Uganda and a small list of microentrepreneurs to a major portal connecting people to microentrepreneurs from around the globe by partnering with numerous MFIs. Business Week ran an article on Kiva this summer with a spot-on title. An Ebay for Microfinance.