Posts Tagged ‘micro-loans’

Reason #42 why Planetsave.com is better than your website: We make Micro-loans to Third World Entrepreneurs

mr-t.pngDid you know that we take a portion of our profits every week and make microloans to entrepreneurs in third world countries? We have an account at Kiva.org, a great website that handles everything in between you loaning out and the entrepreneur paying back.

For those unfamiliar with the concept of micro-loans, allow me to give you the quick rundown. Micro-loans is the act of giving small loans to entrepreneurs in the third world. [...]

Fair Trade: Financial Assistance

Providing financial support to Fair Trade producers moves beyond simply paying fair price for products. Many times financial support simply means pre-payment on at least a portion of placed orders to allow the producers to secure raw materials. Remaining payments are to be made promptly, unlike large corporate counterparts which typically wait 60-90days.

While purchasing items on several months’ credit is commonplace in business making an artisan or farmer to wait several months

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