Kiva, fresh off its expansion into higher education loans and one year after its entrance into the U.S. market, is moving full speed ahead to help Gulf Coast entrepreneurs recover from devastating setbacks.
There may no longer be oil seeping into the ocean off Louisiana's coast, but the damage is done. And the cleanup process will be expensive, lengthy, and detrimental to the Gulf economy, according to a report (PDF) from Oxford Economics.
The Gulf of Mexico oil disaster may, believe it or not, give a boost to our ailing economy.Because while the six-month moratorium on new offshore drilling and the negative impacts on fishing and tourism in the Gulf will undoubtedly put a damper on the GDP, the temporary industry of cleanup workers could offset any losses—and perhaps even outweigh them. Does it matter?