A recent innovation in financing microcredit is online microlending, where individual investors provide loan capital via the Internet. One example is Kiva.org, a not-for-profit organisation operating an online platform where individuals can lend money (from USD 25) to entrepreneurs of their choice in developing countries. The platform provides “profiles” of applicants’ projects, which have been screened by Kiva’s partners, international microfinance institutions (MFIs) and social businesses. Kiva has disbursed more than 678 000 loans since its inception in 2005, with an average loan size of USD 415 (Kiva, 2014).