MicroPlace
Updated: January 26, 2010 | Fair Trade & Economics |MicroPlace’s mission is to help alleviate global poverty by enabling everyday people to make investments in the world’s working poor.
Our idea is simple.
Microfinance institutions around the world have discovered an effective way to help the world’s working poor lift themselves out of poverty. These organizations need capital to expand and reach more of the working poor. At the same time, millions of everyday people here in the United States are looking for ways to make investments that yield a financial return while making a positive impact on the world. MicroPlace simply connects investors with microfinance institutions looking for funds.
The result: more microfinance in the world, satisfied investors, and above all, fewer people living in poverty.
A loan of a $20 can allow a poor woman to start a business and work her way out of poverty. In many countries, organizations that function like banks make loans to the poor. These organizations need funds to lend to the poor. Your investment helps fund these organizations. And, they are willing to pay you a return for the funds you invest. You can fight poverty and get your money back with interest!
Microfinance is one of the most effective poverty alleviation tools around because:
- Microfinance is a hand– up not a hand out. Empowering people to help themselves is an effective way to fight poverty.
- When you give to charity you give your money away. When you invest your money, it compounds while it is invested and is available to reinvest at maturity. You will always have money to help a poor person start a business
Find out more at: www.microplace.com
via MicroPlace.com.


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