Microfinance is based on the radical notion that small-scale entrepreneurs can be big change agents in overcoming global poverty.
When a woman stands in line to receive a handout, she exchanges a portion of her dignity for the chance to survive. If instead she’s given the financial tools and training to start her own business – her dignity is enhanced. Our clients often tell us, “No one ever believed in me before."
Microfinance is one of the only development methods that people living in poverty are asking for. Throughout the developing world, there are millions of people with the dreams, abilities and willingness to work their way out of poverty, but the odds are against them when they lack access to capital, a secure place to put their earnings and insurance to help them recover from unexpected calamity. These are the gaps that microfinance helps to fill.
In the last 40 years, an estimated 150 million people have received microloans and begun to leave poverty behind. Still, only 10% of the developing world currently has access to microfinance. We believe reaching the remaining 90% in the 21st century is possible.
Join us and become part of the solution.
Microfinance is based on the radical notion that small-scale entrepreneurs can be big change agents in overcoming global poverty.