October 13, 2009
CGD research fellow David Roodman set the philanthropy world a-Twitter last week when he wrote that Kiva, the fast-growing person-to-person microlending site, does not work the way many lenders probably think it does. In a graceful reply to Roodman's gentle myth-busting, Kiva founder and CEO Matt Flannery explains how these misperceptions arose and what Kiva is doing to set the record straight.