Micro Financial Savings

Help the World. Feed the World. Save the World.

General

What is a Field Partner?

Wed, 01/02/2013 - 3:07pm -- Vince
Micro Financial Savings work is enabled through an extensive network of microfinance organizations around the world known as Field Partners. The Field Partners are best positioned in the developing world to screen borrowers, distribute and collect loan repayments.  They also meet with the entrepreneurs on a regular basis to work with them on the successes and overcoming challenges of the business.  The Field Partner provides the Micro Financial Savings team with the latest "on the ground" intelligence about how to best utilize and distribute its funds to the poor.

What is Microfinance?

Thu, 12/27/2012 - 2:08pm -- Vince
Microfinance is a practice of lending money  to people in the world earning about $ 1 per day who do not have access to typical banking services. Through small dollar micro loans typically averaging between $25 - $ 100 the poorest people in the world are given a chance to escape absolute poverty.
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