Life Changing Loans
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In developing countries, many families do not have access to financial institutions. They are unable to apply for financial support to help grow their businesses. The average cost of a first-time loan from Mentors International is only around $380. With this infusion of micro-capital into their business, these entrepreneurs are able to increase their profits, while lowering their costs. Micro-loans are not only for small amounts, but they are usually paid back in less than a year. (With a 96% re-payment rate)
With this new merger, we have the opportunity to offer the financial support of micro-loans to even more individuals and in more countries. When you support these small community businesses, the entire community benefits.
Tonight, we have the opportunity to make a real difference. A generous donor has agreed to match up to $30K donated to our loan fund. The average micro-loan is around $380 dollars. Who will donate $380 to provide a family the opportunity to not only grow their business but support and grow entire communities?
Remember tonight you will be making twice the impact.
As these micro-loans are paid back, the funds are then put back into the loan fund to help another family, making your donation perpetual.