What is a microcredit ?
When you go to the conventional bank to make a loan, you will be asked to borrow a certain amount of money.
Today, almost 3 billion human beings live with less than 2$ a day and 1 billion live with less than 1$ a day. 80% of the world population does not have access to financial services and 90% does not have access to credit.
Then Microcredit, as you can guess with the name, will allow people to make a small loan amount of money.
Microcredit = solidarity
Microcredit is based on solidarity. The richer people lend to the poorest ones.
Instead of having your money sleeping in your bank account, you can lend it to people in needs.
Open Up chose to work with Babyloan for the moment, which is the first French Website facilitating online micro-lending: on Babyloan, Internet users can choose to lend to micro-entrepreneurs in developing countries starting from €20.
When you go to the conventional bank to make a loan, you will be asked to borrow a certain amount of money.
Today, almost 3 billion human beings live with less than 2$ a day and 1 billion live with less than 1$ a day. 80% of the world population does not have access to financial services and 90% does not have access to credit.
Then Microcredit, as you can guess with the name, will allow people to make a small loan amount of money.
Microcredit = solidarity
Microcredit is based on solidarity. The richer people lend to the poorest ones.
Instead of having your money sleeping in your bank account, you can lend it to people in needs.
Open Up chose to work with Babyloan for the moment, which is the first French Website facilitating online micro-lending: on Babyloan, Internet users can choose to lend to micro-entrepreneurs in developing countries starting from €20.
150 to 200 rmb (20 euros or 20 dollars) are required to make a donation to the microcredit organization.
If it’s not accomplished for an event, don’t worry, we will add this amount of money with the next ones until we reach the amount needed.
To know more about microcredit, click here !
NGOs & Organizations
We will invite people from NGO or organization to have a talk about what they are doing and how they help. I wish the people these organizations or NGO help would accept to come to share their experience too.
The total amount of donation will be given to these NGO or organization.
We will invite people from NGO or organization to have a talk about what they are doing and how they help. I wish the people these organizations or NGO help would accept to come to share their experience too.
The total amount of donation will be given to these NGO or organization.
