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Support micro entrepreneurs in developing countries |
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| Yann, le 16/03/2009 |
Support micro entrepreneurs in developing countries
A 20 000 km cycling trip to support 300 micro entrepreneurs |
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Our project of Micro-credit comes from a paradox: On one sides the role essential, necessary and highly efficient of microfinance in the fight against poverty, on the other side the inadequacy and the lack of resources deployed to enable micro-finance to fight properly against poverty.
Thus was born the "The bicycle trip around the world for micro entrepreneurs". It is a very innovative project that we want to reach both humanitarian and economic goals.
The main idea is to redistribute our capital to entrepreneurs in developing countries following the logic of 1 € per kilometre travelled in the form of zero interest loan. Our goal is to lend 20 000€ and therefore create over 300 companies in areas hardly hit by poverty such as Calcutta, Hanoi, La Paz, Malaysia ... Our initial capital will enable us to create almost one company everyday ! Knowing that a loan enable in average 5 people to improve significantly their life standard, it means that over 1500 people will benefit from our help.
In order to improve the efficiency of our work, we are currently working with associations based on the concerned country; they will be our intermediaries with the micro entrepreneurs.
During our trip around the world we will meet the different micro entrepreneurs that we support in order to see from our eyes the effectiveness of our action. We will then write detailed report for each micro company. In the long term, the reimbursement of these micro loans will generate a micro ethical fund. Our action will have an impact on the long term. |
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