A little more about us….
---------------------------------------------------- OUR GOALS -------------------------------------------------------
1. EDUCATE: Promote awareness about microfinance on campus.
2. LEND: Raise money and make micro-loans to aspiring entrepreneurs abroad.
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DEFINITION OF MICROLENDING PROCESS
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1. Lender browses profiles of entrepreneurs outside of the United States who are in need of funds for their businesses and picks someone to lend to.
2. Microfinance institution distributes the loan.
3. Entrepreneur repays their loan over time.
4. When the lender receives their money back, they can choose to either re-lend that amount to another entrepreneur, or withdraw their funds.