The Power of Microfinance Programs

What is the impact of giving a microloan vs. a one-time donation to help eradicate extreme poverty?

With microfinance programs, you can support a business entrepreneur to lift themselves out of extreme poverty with dignity and respect.

Is there an alternative to charitable giving?

When a gift is given the money can make an immediate impact. However, the impact ends when the dollars run out. With microfinance, training is provided and a loan is given to equip an individual to build their own sustainable business for consistent income removing the need for monetary one-time gifts. Think of it as a new way of charitable giving… a long-lasting solution!

How is this more sustainable?

After an individual uses a loan and builds a sustainable business, the loan is repaid in full and the original loan can be given to another individual who is eager to complete training and lift themselves out of extreme poverty by way of a business start-up.

What is the impact of microfinance programs?

When an entire community has access to training and credit opportunities, families no longer are homeless, children are able to attend school and the future of families is forever changed.

Discover the Difference Microfinancing Can Make

Download our free comparison guide to learn how microfinacing programs help to provide a sustainable income for not just one individual but many.

Follow the Journey of Individuals Who Access Microfinance

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Microfinancing the MPA Way.

MPA partners with grassroots organizations to help them expand their microfinancing efforts. Although our partners have different approaches to offering people a hand up, they have many elements in common. We have come to see these shared elements as best practices, or “Microfinancing the MPA Way.” They are:

Lifting up people in extreme poverty
Operating as a nonprofit (proceeds are folded in to reach more people)
Embracing “first you must save”, valuing savings as well as small loans
Open to anyone regardless of religion, race, tribe, ethnicity
Providing ongoing training and support to ensure success
Having accountability for loan repayments or pay-it-forward commitments
Each of these projects is sustainable with or without MPA’s involvement

How Do Our Microfinance Program Work?

MPA’s best microfinance practices include: clear, fixed loan terms and rates; group training; support; emphasizing savings; focusing on income projects; expecting borrowers to pay it forward; and bolstering organizations to eradicate poverty. MPA’s projects report 95+% repayment rates on loans; improved household savings; better family nutrition; improved school attendance and so many other benefits! When you give, your donation is given to an entrepreneur seeking a business start up and when their loan is paid back, your donation is given again and again.