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Here's and idea for helping single moms that needs a short term loan. Any Feedback?

I am thinking about developing a website for single moms where when they're in a financial pinch and needs a few dollars to make it through the week.

It would work like www.Kiva.org where other members could loan money to single moms at $25. The most you could loan a mom is $300.

Do you think single moms would be interested in this concept? I know all single moms need help from time to time with kids uniforms, little league baseball, dr's appt. etc

Let me know your thoughts.

Thanks

Answer Question
 
JMM24

Asked by JMM24 at 1:23 PM on Jul. 12, 2010 in Money & Work

Level 2 (4 Credits)
Answers (2)
  • AM am a married mom and have tough spots I could see where an idea like this could be great for single parents. If it was managed well and legal.
    But_Mommie

    Answer by But_Mommie at 2:12 PM on Jul. 12, 2010

  • I think that's an awesome idea! I would definitely loan to something like that.
    fairyinabubble

    Answer by fairyinabubble at 2:36 PM on Jul. 12, 2010

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