Yuli, a young mother from Indonesia, has been selling dry goods for many years. She struggled to feed her children with her meager earnings. Then she found microfinance. With a $100 loan she bought more cakes and goods to sell. Her income went up. She took another loan and increased her earnings even more. Now she can pay for food, education, and health care for her family.
Microfinance is one of the most effective and flexible strategies in the fight against global poverty. Consisting of small loans to individuals, usually less than $200, they help establish or expand small and self-sustaining businesses.
And microfinance has a positive impact far beyond just one person. Most loans go to women because studies show that women are more likely to reinvest their earnings in their business and families. When loans are repaid those dollars are recycled for another loan. As families cross the poverty line, their communities benefit. Jobs are created, knowledge is shared, civic participation increases and women are recognized as valuable members of their families and communities.
Sign to show your support for microfinance and Grameen Foundation, one of the leading organizations supporting microfinance today.
Support Microfinance
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11:09 pm PDT, Jul 25,Name not displayed, New Jersey
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3:27 pm PDT, Jul 24,Jaycie Tipton, Florida
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10:32 pm PDT, Jul 21,Tatiana Costa, Brazil
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1:59 am PDT, Jul 20,Name not displayed, Florida
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3:22 pm PDT, Jul 15,Kelly Todd Brewer, Michigan
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12:28 pm PDT, Jul 14,Jackie Connolly, Michigan
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10:41 pm PDT, Jul 11,Marvin Gentz, California
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9:50 pm PDT, Jul 11,Sara Thomas, Texas
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8:08 pm PDT, Jul 8,Diane Van Weelie, Netherlands
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7:46 am PDT, Jul 7,Lauren Stone, California
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7:27 pm PDT, Jul 5,Hayley Pratt, Australia
lets stop poverty for ever!!
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7:57 pm PDT, Jul 1,Name not displayed, Ohio
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1:36 pm PDT, Jul 1,Kathleen Kitchen, Michigan
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12:46 pm PDT, Jul 1,Angela Boss, Canada
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9:54 pm PDT, Jun 29,Noelle Cruz, California
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1:53 pm PDT, Jun 27,Marcia Cooperman, Oregon
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10:38 am PDT, Jun 21,Linda Guthrie, Georgia
It's financing on an easy and renewable scale. Small amounts, easy to pay back and the whole community benefits in addition to the start-up family.
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1:13 pm PDT, Jun 16,P. Hyde, Texas
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4:30 am PDT, Jun 14,Kevin Johnson, Nevada
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10:22 am PDT, Jun 13,Sophie Szeferowicz, France
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7:05 pm PDT, Jun 11,Brian JP Craig, New Jersey
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7:55 pm PDT, Jun 10,L Gols, Massachusetts
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9:06 am PDT, Jun 10,Name not displayed, Illinois
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11:47 pm PDT, Jun 9,Alla Yartman, Russian Federation
