Skip to content

A Message from the Campus Microfinance Alliance

March 22, 2010

Microfinance is the provision of small loans to those who do not have access to traditional banking services.

Microfinance has had tremendous success in helping families lift themselves out of poverty and promoting development on the community level. The success and impact of microfinance were acknolwedged by the Noble Committee when Muhammad Yunus, a pioneer in organizing and providing microfinance through the Grameen Bank, was awarded the Nobel Peace Prize in 2006.

Individuals have the opportunity to extend capital to microfinance institutions, those groups that disburse microloans, in a way that not only provides the social dividends associated with supporting microfinance but also provides specific financial dividendsMicroplace offers individuals the ability to extend capital to Microfinance Institutions in amounts of as little as 20 dollars for between 3 months and 5 years at rates of between 1% and 5%.

I myself have invested in microfinance through microplace, and I think it is too important of an opportunity to not share. If you would like to invest in microfinance, I highly encourage you to do so and do so soon. You can find out more about microfinance, microfinance’s social impacts, microfinance investments, and the risks involved with microfinance investing at our group’s website athttp://yalemfc.wordpress.com/. I think and hope you will find the 20-40 minutes you spend learning about and then making a microfinance investment very worthwhile.

If I can make one more request it is that if you choose to invest in microfinance as a result of the information found in this email and/or our group’s site, that you email yalemicrofinance@gmail.com informing the Yale Microfinance Task Force about the amount you have invested. This will allow the Task Force to get a sense of the aggregate microfinance investment it has helped mobilized. The Yale Microfinance Task Force will not share this information with anyone and will only use it to get a sense of its success in mobilizing microfinance investment.

Thank you very much for reading through this email, I encourage you to consider making a microfinance investment, and I hope all is well!

David Kastelman

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: