Friday, January 11, 2013
Exhedra helps 880 poor entrepreneurs start micro-businesses with $60,0000 for training and micro-loans
Exhedra founder and CEO, Ian Ippolito, explained that "micro-enterprises vastly improve the lives of their owners, by giving them self-sufficiency. This gives them the ability to provide for themselves and their families and the dignity that comes with that. It also creates a wider positive social impact that affects their entire communities."
$60,0000 went to provide:
1) Business skills training and micro-credit to aid entrepreneurs who are conflict survivors in Cote d'Ivoire.
2) Business skill training and micro-credit to Nicaraguan entrepreneurs.
3) Micro-credit to marginalized women starting businesses in Armenia, Azerbaijan, Bolivia, Cambodia, Costa Rica, Ecuador, Georgia, Indonesia, Kazakhstan, Kenya, Kyrgyzstan, Mexico, Nigeria, Peru, Sierra Leone.
4) Micro-credit to entrepreneurs in Bosnia and Herzegovina, Guatemala, Iraq, Jordan, Lebanon, Palestine, Tajikistan.
We encourage our customers to make the world a better place by supporting the less fortunate. Those wishing to assist budding entrepreneurs and micro-finance, can do so at sites like Kiva.org or the individual companies whom we have funded with our credits:MCEnterprises.org ($15,000), OikoCredit.org ($30,000) and CapitalForCommunities.org ($15,000).
If you are a micro enterprise and wish to apply for these funds (or for any of the other millions of dollars available for qualifying micro enterprises) then you can also do so at the above links.