MicroPlace Information

When you think of making a difference in the world, you probably first consider donating to a charity of your choice. That’s what most people do. But what if you could also direct a portion of your investment portfolio toward financing poverty alleviation? Not only do you make a difference, you get a return on your investment and diversify your ways of making a difference in the world. Simply sta...ted, MicroPlace enables you to make investments in the fight against worldwide poverty -- a $300 billion problem.* While daunting, raising and effectively distributing that kind of capital to the people who need it is indeed possible. Poor people lead incredibly complicated financial lives. They have to make ends meet on an average income of $2 a day, which barely covers their basic needs. To manage their unpredictable situations, they need access to funds and financial tools that traditional banks aren’t willing to provide. Fortunately, through microfinance projects, the poor can connect with those tools and a huge pool of untapped investment funds that such projects strive to make available to the working poor. MicroPlace, in turn, represents a new source of funding for microfinance projects, enabling you to invest in their growth. Through MicroPlace, your financial decisions can make a real, practical difference in the world. *source: Financial Access Report 2009