Check out Global Agents for Change

On May 31st, more than 20 people will ride their bikes 3,000km from Vancouver to Tijuana, Mexico to raise money and awareness for entrepreneurs in developing countries.

Agents of Change, a nonprofit registered charity, hopes to raise $1 million from the challenge to connect those living in poverty with microcredit - small, interest-free loans. The loans are to help entrepreneurs in developing countries by helping to get them out of poverty.

The organization is raising awareness about how microcredit can help families escape poverty, with help from its partner organization, Kiva. Kiva, a nonprofit organization based in San Francisco, provides loans to entrepreneurs in developing countries. Agents of Change, which has so far raised more than $8,000 for microcredit, is trying to raise the million dollar fund so people in developing countries can be provided with loans through Kiva.

Kiva’s website provides a platform for borrowers to post their stories, pictures, business goals and needs. Supporters can view the profiles and get a choice of who they would like to support, as well as receive information on the borrowers’ progress and how the money is being used.

Through Kiva, lenders receive their money back after the loan is repaid, but that money can also be used again to help another entrepreneur. The million dollar fund through Agents of Change, however, isn’t refundable as it’s being set up to be used as a constant source of funding for Kiva.

Through Kiva, the businesses are screened by recognized local microfinance partners. All of the funds go directly to the borrower. So far, Kiva’s repayment rate is estimated to be 97 per cent successful.

Dr. Muhammad Yunus, who won the 2006 Nobel Peace Prize and is the inspiration behind the cause, founded the microcredit bank, Grameen Bank of Bangladesh.

LINK to Official OLPC site

This post might be a bit out of scope for Giving for the Global Good, but as a fairly serious geek in tune with the current events relative to the various initiatives to find a way to help educate the children of the world and ramp them up the mainstream western industrialized nations about things like the Internet and the World Wide Web, I just wanted to make a quick post about OLPC (One Laptop per Child) Nicholas Negroponte’s initiative to give the third world’s children laptops and the access to the Internet.

Ivan Krsti comments on the challenges of the OLPC and the contentious issues of Windows verses Open Source and really seems to drill down to the important core issues of this subject in his recent post, found here on slashdot

and here on the core blog post LINK

This Mother’s Day is May 11th. Unitus has created a unique opportunity to celebrate the occasion while also helping the fight against global poverty.

Check out the Empowering Women website you tell the story of the inspiring and empowering women in your life. With each online tribute, you’ll also be spreading empowerment and economic opportunity to women throughout the developing world—proceeds from the campaign help Unitus microfinance partners reach more hardworking women with life-changing microfinance services.

Unitus

Unitus is an international nonprofit organization dedicated to advancing innovative, market-based solutions to global poverty.

We work to create pathways out of poverty by increasing access to life-changing microfinance services—small loans, insurance, and savings programs designed to serve the poor. For millions of families around the world, microfinance means the opportunity for a successful small business and more—better healthcare and housing, increased household savings, education for their children, and ultimately, the real possibility of self-sufficiency.

The need is staggering—nearly half of the world’s population lives on $2 a day or less. To reach the most people in need as quickly as possible, Unitus seeks out and partners with young, high-potential microfinance institutions (MFIs), helping them to build capacity, attract capital, and achieve exponential growth. Through this leveraged approach, Unitus seeks to empower millions of the world’s working poor while transforming the financial systems now left out of their reach.

Rather than directly providing microfinance services, Unitus connects the ambitious, visionary social entrepreneurs who lead our partner MFIs with the business expertise, capital investments, and innovative tools and services required to grow faster, dream bigger, and reach farther. Their success in turn provides hope and opportunity for thousands who would otherwise remain stuck in the downward cycle of devastating poverty.

Unitus partners are adding new clients 7 times faster than the industry average. In just 6 years, we’ve helped our partners serve more than 3.5 million micro-entrepreneurs; our goal is to extend their reach to 15 million families by 2010.

World Business Council for Sustainable Development (WBCSD)

Mission Statement
Our mission is to provide business leadership as a catalyst for change toward sustainable development, and to support the business license to operate, innovate and grow in a world increasingly shaped by sustainable development issues.

The World Business Council for Sustainable Development (WBCSD) is a CEO-led, global association of some 200 companies dealing exclusively with business and sustainable development.

The Council provides a platform for companies to explore sustainable development, share knowledge, experiences and best practices, and to advocate business positions on these issues in a variety of forums, working with governments, non-governmental and intergovernmental organizations.

Members are drawn from more than 35 countries and 20 major industrial sectors. The Council also benefits from a global network of about 55 national and regional business councils and regional partners.

Global Agents for Change is a fellow traveler with their GFAC fund The group’s vision is to create the world’s largest youth built, youth led microcredit fund and connecting youth with developing world entrepreneurs, providing a crucial tool in the fight to escape poverty. In 2007 they did a 7 week 3000 kilometer ride from Vancouver, Canada to Tijuana, Mexico to help build the fund. They will be doing it again May 31, 2008.

Perhaps an answer would be to develop a program engage young adults, to be better citizens of America, by becoming more aware citizens of the world. This initiative might leverage US teen access to modest cash resources and to harness the power of micro-credit to bring about change. I think that these young adults would feel enormously empowered as a result of the tangible difference they make through their participation in such a microcredit program.

]]> http://give4global.com/leverage-us-teen-access-to-money-for-microcredit/feed/ http://give4global.com/natalie-portman-on-microcredit/ http://give4global.com/natalie-portman-on-microcredit/#comments Wed, 23 Apr 2008 05:29:46 +0000 admin http://give4global.com/?p=66

“Microcredit is about giving hope. When you’re talking about making loans to women whose income is less than $1 a day, you can easily make the leap to see what a microloan can make possible. The women I’ve met in Uganda and Guatemala are so resourceful, and it’s just amazing to see how, with their courage and diligence, they create small businesses with such tiny amounts of money. These women work so hard, and they manage to pay off their loans, and the first thing they do is educate and feed their kids. It’s amazing that the world is not investing more in this resource.”

Natalie Portman
Actress
FINCA International Ambassador of Hope
Spokesperson for the International Year of Microcredit 2005

Changemakers

Changemakers is an initiative of Ashoka: Innovators for the Public that focuses on the rapidly growing world of social innovation. It provides solutions and resources needed to help everyone become a changemaker and presents compelling stories that explore the fundamental principles of successful social innovation around the world.

Changemakers is building the world’s first global online “open source” community that competes to surface the best social solutions, and then collaborates to refine, enrich, and implement those solutions. Changemakers begins by providing an overarching intellectual framework for collaborative competitions that bring together individual social change initiatives into a more powerful whole.

To keep the framework dynamic, the online Changemakers’s community identifies and selects the best solutions and helps refine them. The result is global action frameworks, drawing on the work of social entrepreneurs, that seed collaborative action and visibility on a global scale—making a big difference, field by field.