Micro Loan Fund For Global Investors, Returning 5-7% Per ...
Micro Loan Fund For Global Investors, Returning 5-7% Per Annum While Helping To Eliminate Poverty In Third World Countries.
Q1: Q. Potential Investors may be deterred by the risks involved.
A. Examples from FINCA International, TMSS and SKS India have shown a loan recovery rate of 97-99%. This demonstrate the stability of the fund, which is also less subjected to world economical movements.
Idea Description
A Micro Loan Fund that allows anyone in the world to invest. It will then be used to provide micro loans to needy people in third world countries the means to start small businesses or jobs in order to escape poverty and to feed their family. The returns (5-7%)on the Micro Fund will justify an alternate investment versus bond funds(only 3-5%), while at the same time providing needed help to eliminate poverty in third world countries.
What will you do if you win $10,000 for this idea?
I will used the $10k to seek legal assistance to establish the micro loan fund.
I will also used the $10k towards establishing an agency to receive and manage the funds.
Vote for it now.
i like the idea of ending poverty, globally! will you add a comment on our page please? we need micro & maxo funding! this is the beginning of a new age with inione4earth as the axle of the human wheel-letting people choose where they spin up their creativity, where others can benefit from! oh yeah...i like your cheque website. with imagination, i conceive, believe & achieve the unimaginable! i have a cheque as well...thanks for the encouragement. pace the peace~! inione.