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Jul 20, 2005

"It's not how much we give but how much love we put into giving." --Mother Teresa

E-Aid

The bureaucracy of traditional aid organizations like the USAID has lead to the funding of ineffective projects because there is little feedback from recipients. Tired of failed projects, Mari Kuraishi and Dennis Whittle, former World Bank strategists, created an “E-Bay” style foreign aid marketplace in which individual donors can chose projects to fund directly. The website also tracks the progress of each project, providing donors up-to-date information on which projects are most effective and worthy of funding.