Fall 2010
Crossing Borders – Microcredit Grows!
After success with microcredit programs through Los Nios in Tijuana and Mexicali, Mexico, Via International has expanded initiatives to the U.S. border region by collaborating with other organizations and expanding the relationship with University of San Diego's Center for Community ServiceLearning. Get Involved! Help women with no access to credit start or grow small businesses. Contact us at 619-426-9110 Becomeamicrocreditdonor Volunteertoshareyourbusinessor marketing expertise SupportViaInternationalandthe coalition's microcredit initiatives
What is Microfinance
microfinance noun \mī-krō-,fī-nan(t)s\ "Microfinance is the practice of extending small loans to individual borrowers who have been traditionally denied access to credit." As defined by
Microcredit Spotlight
"The money from the microfinance group is just the beginning. When we have our meetings, I get new ideas, receive important information, and create lasting relationships." – Dora, construction business founder and microfinance loan recipient. "This model, which empowers people to become entrepreneurial and creates a network of support with other individuals in their communities, can really make a difference." San Diego microcredit loan recipient with her handmade purses (Photo by University Carlos, MBA of San Diego and Center for Service Learnstudent ing) and USD Microfinance Club member.
University of San Diego, Community Service Learning Department and San Diego Microenterpise Project, www.sandiego.edu/csl/microfinance/index.php
A popular anti-poverty strategy for building self-reliance, microfinance provides support for low-income individuals to start or grow small businesses. With small loans and a network of support, individuals can help their San Diego Microcredit group members build their families by own businesses (Photo by University of San Diego generating and Center for Service Learning) additional income. Common microenterprises include making or selling products such as clothing, jewelry, food, or crafts.
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Becomeamicrocreditdonor
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