I traveled to the Dominican Republic in March as a representative of Wisconsin Microfinance. It was my first trip to a developing country. Upon arrival, I quickly realized how much I take for granted, where necessities like clean water, electricity, education, and healthcare seem so commonplace. At the same time, I realized how much the… Continue reading Traveling to the Dominican Republic – Evan Lory
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Loan Recipients in the Dominican Republic – Evan Lory
I recently had the privilege of traveling to the Dominican Republic to deliver funding for loans for female business women. While there, I met many loan recipients and learned about the kinds of businesses that are being funded. Nataylis is a talented 24-year-old who runs her own hair salon in the small community of La… Continue reading Loan Recipients in the Dominican Republic – Evan Lory
New Member Introduction: Evan Lory
Hi, I’m Evan Lory a junior at Waunakee High School outside Madison. I am part of the Dane County Youth Apprenticeship Program which coordinates opportunities for high school students seeking hands on experiences with a local organization. Apparently, I’m one of the first students to request placement with a non-profit, and it took a bit… Continue reading New Member Introduction: Evan Lory
Does Microfinance Actually Improve Lives?
Microfinance, once hailed as a miracle solution, has become the subject of skepticism in the last several years. There is no doubt that repayment rates are as high or higher than traditional financing, but many questioned whether these loans actually led to improvements in individual and family living conditions. For the first time, Wisconsin Microfinance… Continue reading Does Microfinance Actually Improve Lives?
Microfinance Shown to Improve Quality of Life
Wisconsin Microfinance’s loan programs are improving borrowers’ overall quality of life. We are now able to demonstrate a significant and marked improvement in measures of quality of life, including number of daily meals, the presence of meat in meals and the ability to save money. We have been gathering information from borrowers regarding their quality… Continue reading Microfinance Shown to Improve Quality of Life
We R uS: Wisconsin Microfinance’s Partner in Ghana
Wisconsin Microfinance is extremely excited to work with We R uS, a non-profit dedicated to creating dynamic, sustainable rural communities in Ghana. Created to support economic development in rural, traditional Ghanaian communities, they are an ideal partner. By working at the grassroots level in a community, We R uS aims to match their assistance to… Continue reading We R uS: Wisconsin Microfinance’s Partner in Ghana
Wisconsin Microfinance’s New Program in Ghana
Wisconsin Microfinance is proud to announce that we have launched our first loan program on the African continent. We will be working with We R uS, a US based non-profit that serves traditional villages in Ghana. Ghana is situated on the west coast of Africa, between Togo and Cote d’Ivoire. While Ghana does generate wealth… Continue reading Wisconsin Microfinance’s New Program in Ghana