SOURCE: IO News Wire

IO News Wire

March 04, 2010 09:15 ET

(OTCBB: WKLI) to Tap the 73 Million "Unbanked" Citizens

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - March 4, 2010) - --(Marketwire)--March 4th, 2010 WikiLoan, Inc. (OTCBB: WKLI) a social network providing tools for person-to-person borrowing and lending announced yesterday that they have lowered their ACH Fees to $.99.

As Microfinance and its Nobel Prize winning visionary Muhammad Yunus are gaining more attention, the entire sector is ready to transition from being a niche market business to a viable, producing arm of all finance institutions.

Even if a bank enters into the microfinance arena for socially responsible reasons, the long term viability is present. This has already been realized by finance giants like Citibank and J.P. Morgan Chase, both of which have a microfinance division. Wikiloan will capitalize on the market that does not or cannot use traditional banks for their small lending needs.

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Other active stocks are Visteon Corp (PINKSHEETS: VSTNQ) J.P. Morgan Chase (NYSE: JPM) and Heartland Payment Systems (NYSE: HPY)

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