Fighting poverty through microloan guarantees

Fighting poverty through microloan guarantees

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We’ve written about a number of microfinance organizations in recent years, including not just oft-cited Kiva but also Wokai and Jolkona. Whereas those ventures all strive to help entrepreneurs in the developing world by facilitating direct microloans and donations, however, California-based nonprofit United Prosperity is taking a different approach by focusing on providing loan guarantees instead.

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