SOURCE: IO News Wire

IO News Wire

March 05, 2010 08:00 ET

WikiLoan WKLI Provides Social Media Platform for Microfinance

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

NEW YORK, NY--(Marketwire - March 5, 2010) -  WikiLoan Inc. (OTCBB: WKLI) has announced they have renegotiated their ACH clearing and have lowered their users payment fee to $.99.

WikiLoan provides a Social Media approach to microfinance. WikiLoan allows users to submit their terms for lending and allows them to connect with borrowers directly or invite friends and family to help meet their lending needs.

Microfinance has been at the forefront of financial news recently, with big name business people throwing their hat into the ring like, Richard Branson of Virgin purchasing a majority stake in Circle Lending and Pierre Omidyar, founder of eBay, donating $100 million to Tufts University to start a for-profit fund dedicated to microfinance.

For more information on WikiLoan, please visit www.bankingonwallstreet.com

Other active stocks are Virgin Media (NASDAQ: VMED) American International Group (NYSE: AIG) and Americas Energy Company (PINKSHEETS: AENY)

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