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Microfinance

Microfinance. Helping Millions Help Themselves MicroBikeUSA Tyler Heishman June 2, 2008. Meet Moses Sali from Uganda. Moses started Luna Motorcycle Workshop Moses had hard work ethic but little money Spare parts were needed to grow business

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Microfinance

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  1. Microfinance Helping Millions Help Themselves MicroBikeUSA Tyler Heishman June 2, 2008

  2. Meet Moses Sali from Uganda • Moses started Luna Motorcycle Workshop • Moses had hard work ethic but little money • Spare parts were needed to grow business • First loan purchased spares and attracted customers • After 10 loans: • Better quality of life • Sends children to school • Employs 3 people

  3. Poverty in our World • What does it mean? • How is it measured? • How many people are poor?

  4. Enabling Dignity through Profits • Microentrepreneurs have strong business ideas • Small loans are needed to finance growth • No bank loans moneylenders  poverty trap • Dignity through lending

  5. Coming summer 2008 Michael Delorenzo • Tyler Heishman • Keith Kolakowski Frederick Piumelli • Bryan Stinchfield • James Watson

  6. Questions and Discussion www.microbikeusa.com microbikeusa@gmail.com TylerHeishman@gmail.com

  7. Microfinance Today • 2006 Nobel Peace Prize • 2005 "International Year of Microfinance" • Total Active Borrowers: Over 57 million* • Total Loan Portfolio (USD): Over $25 Billion* * www.MixMarket.org

  8. Carrying Our Lives on Bikes

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