A new post for the Kiva Fellows Blog on borrowers who are not using their loans to start or grow a business.

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In an effort to create the ultimate sleeper, this Azerbaijani driver has equipped his high performance German sports sedan with a stellar Lada body kit.

Somewhere in there is a 4-litre V8.

A good summary of why microfinance interest rates are high and how they can be lowered (Asian Development Bank) and my take on why interest rates are crucial in microfinance (Kiva Fellows Blog)