BENEFITING: ANKAA INVESTORS INC
Microfinance has been lifting people out of poverty since its inception. As the founder of microfinance, Muhammad Yunus, explained, “When we want to help the poor, we usually offer them charity….But charity is no solution to poverty. Charity only perpetuates poverty by taking the initiative away from the poor.” Ankaa Investors is dedicated to offering the impoverished around the world opportunity, not charity. We are able to reach people who are excluded from traditional microfinance products due to cultural or religious reasons by offering them interest free products. Our mission is to bring responsible lending practices to the more then 2.5 billion unbanked people around the world.
We have had an exciting year already, with our official 501(c)3 tax exempt status coming through as of April 21st, 2015. We have partners on the ground in Indonesia working on both a Profit and Loss Sharing pilot (involving a loan of about $6k USD being dispersed to around 45 small business owners) and an interest free loan project going to the poorest of the poor in the communities. We also plan to start on the development of our online lending platform, which will allow you to peruse various small businesses around the world that you would like to invest in.
We have bold goals for 2016, which is where our bold fundraising goal of $15,000 comes into play! We would be honored and so grateful to have you join our cause. To help show our thanks, we will be naming every donor to this Crowdrise campaign to our Founders Club, a group of individuals that are honored on our website for helping us turn Ankaa Investors into a reality.
To give you an idea of what type of direct impact your donation will have on our mission, here are a few suggested giving levels that will help us reach our goals.
- $25 Buys a bus ticket for our team in Jakarta to visit our borrowers where they live
- $50 Gives an opportunity directly to a family from the poorest of the poor in the community
- $125 Partners you with a small business that needs your investment
- $300 Pays one month's salary of one of our employees on the ground, training borrowers on financial literacy and assisting in their profit and loss reporting
- $1,500 Funds a 6 month pilot helping as many as many as 30 new borrowers receive their first opportunity for financial growth and independence
Finally, word of mouth and sharing with friends is our best shot at getting our message out there. Please help us by sharing our campaign with your friends and family!
For more information, please visit us at www.ankaainvestors.org! Reach out! Ask questions! We would love to hear from you. And feel free to follow our social channels below to stay up to date on our work!