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Miniloans

Organized by: Jamon Lifsey

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THE STORY:

I have always wanted to provide micro-loans to individuals in developing countries but I have not found an effective platform to launch this project until now. When donations begin coming in I will personally travel to developing countries. I will provide small loans to individuals to help them make a living. These loans will be more like investments in their future entrepreneurial business. It can be as simple as buying a few cows so a family can sell milk to pay for living expenses. Or giving a woman a sewing machine so she can make a living sewing cloths. Whatever the individual is passionate about or skilled in. The loan is given to individuals who have a desire to create their own prosperity and happiness in the future. The goal is that these small loans will turn their lives around and allow them to use their newly acquired asset to sustain their lives.

I like to call it a loan because I hope that some individuals will be able to repay the money loaned to them. There is no interest. If they are not able to repay the loan it is ok. The debt is forgiven. If they are able to someday pay the loan back that money will be recycled back into the micro loan system. Even if only 10% of individuals successful pull themselves out of poverty and repay the loan it would mean that donations given for this project will be worth more than 100%.

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MONEY RAISED
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Organized by

Jamon Lifsey

This is a direct to organizer fundraiser.

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