August 22, 2010

Footprints Finance

Our dream of having micro-loans available to the people has come into being. Yesterday we received our first deposit into our loans-bank which we have called Footprints Finance. Borrowers will be chosen by a committee from those locals most likely to succeed. They will be required to pay back the loans within a short period at a low interest rate. They will meet weekly with a loans officer who will record their progress and teach the basic skills of business. We are very excited about this new venture of investing in humanity instead of the stockmarket. Watch this space for updates on the businesses established and see the local Africans raise themselves from poverty to plenty.

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