Eagle Worldwide Inc.(fka ELWD)

[Distracted Scientist]

Correction regarding the ~22% figure from the referenced post.

From the previous article:

Microloans: Microloans (also known as microcredit) are loans that have a small value; most loans are less than US$100 in size. These loans are generally issued to finance entrepreneurs who run micro-enterprises in developing countries. Examples of micro-enterprises include basket-making, sewing, street vending and raising poultry. The average global interest rate charged on micro-loans is about 35%. Although this may sound high, it is much lower than other available alternatives (such as informal local money lenders). Moreover, MFIs must charge interest rates that cover the higher costs associated with processing the labor-intensive micro-loan transactions.

[Source: http://www.investopedia.com/articles/07/microfinance.asp ]