MicroCredit Ventures finds
creditworthy,
locally-run and
locally-controlled microfinance programs around the world.
When we are confident that the local program is well-run and
serving its community's people, MicroCredit Ventures
provides affordable, interest-bearing loans so that
microfinance institutions can expand.
An overseas
microfinance institution (MFI) is like a local bank
with the same challenges and capital requirements
confronting any expanding venture, but with the added
responsibility of serving economically marginalized
populations. Many of these MFIs are creditworthy and
operationally self-sufficient with
proven records of success.
MicroCredit Ventures' affordable funds come from banks and
foundations because our
Guarantors have provided full
recourse guarantees to
MicroCredit Ventures.
MicroCredit Ventures
will not accept loans to MFIs with
excessive or predatory interest rate charges for poor
borrowers.