BENEFITING: 50-50 MICROFINANCE ENTERPRISES INC
EVENT DATE: Aug 14, 2014
My name is Jasmine and I live in Taiwan. A few friends and I are planning to run a collective 1000km in the month of July in support of social entrepreneurship.
To track our progress throughout the month, here's the Google Doc documenting our running during the course of July: https://docs.google.com/spreadsheets/d/
Distance will be updated one or two days after the date.
We are supporting microfinance which empowers entrepreneurs in third world countries by giving them financial aid (loans) to start their business and mentors to help them identify viable business ideas. Microfinance is one of the many ways that can help alleviate poverty.
We have chosen to sponsor 50/50 (a microfinance organization) because 50% of the money is a loan and the other 50% is a donation.
Here's a short video about microfinance: https://www.youtube.com/watch?v=ndOGn6ABbQU&feature=youtu.be
Thank you for all of your support! :)