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We loan because...
Following articles about the rising number of suicides in Andhra Pradesh, India due to the extortionate interest rates charged by some MFIs, we decided to support MFIs with interest rates below 15%.

www.businessinsider.com/hundreds-of-suicides-in-india-linked-to-microfinance-organizations-2012-2

Location: Worldwide      

 

Latest Messages  

3 messages. Join the team to get in on the action!

Team Activity

  • Chanthorn
    Cambodia
    Chanthorn received a loan from Thomas Torrissen to buy construction supplies, such as bricks, cement, and zinc, to renovate her old home.
    Thomas Torrissen
  • Phanny
    Cambodia
    Phanny received a loan from Thomas Torrissen to purchase the ACE One energy system in order to have access to solar power for lighting, charging and cooking in a way that is safer, cleaner and saves money.
    Thomas Torrissen
  • Sokkhen
    Cambodia
    Sokkhen received a loan from Thomas Torrissen to purchase the ACE One energy system in order to have access to solar power for lighting, charging, and cooking in a way that is safer, cleaner, and saves money.
    Thomas Torrissen
  • Sokkhom
    Cambodia
    Sokkhom received a loan from Thomas Torrissen to purchase the ACE One energy system in order to have access to solar power for lighting, charging and cooking in a way that is safer, cleaner and saves money.
    Thomas Torrissen

Impact   Updated Hourly

6
Team Members
$625
Amount Funded
19
Loans
3.2
Loans per member