SWY Microfinance
Following my participation on the 23rd Ship the World Youth (2011), I founded SWY Microfinance, a lending group of ex-participants. Microfinance consists of lenders in developed countries offering low interest loans to small businesses in developing countries. The loan recipients are able to develop their business, improve the local economy and provide jobs. Lenders receive no interest, but receive their initial capital back, or can relend to the next project. In 2011 SWY Microfinance lent over US$5000 through 188 individual loan contributions. In 2012 the total amount lent is is projected to reach US$20,000! If you are an alumni, of just want to help out anyway, please join.
http://www.kiva.org/team/ship_for_world_youth/
http://www.shipforworldyouth.org/
