Brought to you by ESSO's Exeter Microfinance!
What do the profits go toward?
We make small, short-term business loans to entrepreneurs in developing countries! When the loanees pay us back (which they almost always do, we have a 0% default rate!), we loan out the money again. This encourages the loanees to become self-sustaining and it means that $50 can make a $500 difference after being loaned out 10 times! We have made over 100 loans to people all over the world, 80% of which have been women. Check us out at: kiva.org/lender/exeterkivaclub.