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cause the awesome program that can help the poor people who exist in the entire of the world (not exception in USA), we need the foundation like that as a manifestation to end the poverty in the World?

2006-12-10 04:14:03 · 3 answers · asked by CHRISTINE P 1 in Business & Finance Credit

3 answers

ACCION is one top and dynamic not for profit organisation providing all microfinance services in developing countries as well as in the USA:

Their products are more adapted to people in the US because the methodology used by Yunus in the Grameen Bank is not applicable as such (group lending for women in the villages)

http://www.accionusa.org/

Hope it helps

2006-12-11 22:55:55 · answer #1 · answered by Pat le Pirate 3 · 0 0

I donate to Kiva (Kiva.org) which is micro financing for poor third world countries. The loans are from about $300-2,000 dollars. People can donate in increments of $25.00 through Paypal). I would switch and donate to an organization in the USA in a heart beat. There would be one great obstacle with an organization in the USA - the loan amounts to start a business would be staggering. There are very few businesses you can start successfully under $100,000. Maybe someday.

2006-12-10 05:09:32 · answer #2 · answered by Jeffrey 7 · 0 0

yes. it could work everywhere. I interned under Grameen Bank in Bangladesh, BRAC and Proshika-all of whom use micro credit to help people. Giving to those who need it the most..and helping people structure a business rather than just money..will have a positive impact anywhere in the world-including USA.

2006-12-12 07:03:50 · answer #3 · answered by Anonymous · 0 0

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