When you partner with Share5, you can support micro-finance, the process of providing basic banking and access to credit to third-world entreprenuers! These small loans, often $150-$200, allow small business owners and aspiring entreprenuers access to capital without hard to establish credit histories or hard to acquire collateral. They are cross-guaranteed through “Trust Groups”, or like-minded neighbors who are also taking advantage of microfinance and agree to guarantee one another’s loans.
Due to the cross -guarantee process and high levels of interaction and review processes, current repayment rates at our partner provider Kiva.org are greater than 97.5%, making micro-finance one of the most effective means of supporting the poor. It is a hand-up, not a hand out!
Support Microfinance with Share5 by contributing $5/month to our Share5 Fund. We are currently invest that fund exclusively in microfinance loans to the poor through Kiva.
View our current loan portfolio at Kiva.org
Set up your $5 monthly contribution