Microfinance: Investing in Humanity
Without access to credit a business cannot grow. Yet billions of the
world's poorest people are excluded from conventional banking. WildHearts
address this by funding microloans enabling the poor to work their way out
of poverty with dignity. A WildHearts Trust Group brings together between
25-40 people who all guarantee one anothers loans. After a period of six
weeks business training, the first loans are issued. Once one member of a
Trust Group repays their loan, the money is used to fund another business
within the group. At 99% repayment rates, loans are recycled every four
months enabling WildHearts to multiply the impact of its initial investment
exponentially.
Pioneered by Nobel Peace Prize winner, Prof.
Muhammad Yunus, microfinance has helped millions of the world's poorest
people work their way out of poverty.
WildHearts enables organisations to be part of this movement. If you
would like to find out more, please contact us.
e: info@wildheartsinaction.org
w: www.wildheartsinaction.org
t: 01667 458849
