The Process

Microfinance provides non- traditional access to credit, which allows low-income communities to provide for their families and micro-entrepreneurs to develop businesses, grow skills and create opportunity to employ millions worldwide. Loans from $200 to $1000 are made to teams of from five to ten individuals – primarily women – for periods of up to six months. Each team member has an ongoing micro-enterprise – selling oranges, repairing clothing or making utensils out of scrap metal – a business which has a proven track record.

Over the past 10 years, over 27,000 micro-loans have been processed through MicroVest, LLC and its local affiliates for a total of over $7.5 million US dollars. Over that time, MicroVest’s investors have received a consistent annual return on their loans

Client Stories

Christina

Borrowed microloan to increase her jewelry business, which allowed her children to finish school - the first in the family.

Maya

Established a business ironing clothes in an apartment building that had no hot water. She took out a microloan to purchase a washing machine - which resulted in clients bringing in their clothing to both wash and be ironed. Her business increased 300% and she hired 3 employees.

Rachael

Obtained a microloan to refit a side panel truck into a mobile kitchen - to serve lunch to employees at factories that provided no dining facilities. The program was so successful, two additional trucks were purchased using micro loans to provide luncheon to additional sites.