Do you know about - Wokai: Microfinance and the Future of China
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Wokai: Microfinance and the Future of China Tube. Duration : 29.10 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from In Kind Donation . Google Tech Talk November 15, 2010 Presented by Casey Wilson. ABSTRACT Booming economic zones, the Shanghai skyline, glitzy shopping malls and busy highways... these are the images that we increasingly associate with today's China. And yet while the economic success story is inescapable, China still has the second largest population in the world living under the poverty line and one of the world's fasting growing rural-urban divides. One of the only ways of closing this gap is giving China's rural poor the tools to build their own livelihoods and move themselves and their families towards economic independence. Join Casey Wilson, nonprofit startup entrepreneur, to learn about the evolution of microfinance in China and Wokai's approach of using the internet to allow contributors around the world to provide loan capital to borrowers in rural China, empowering them to start small businesses and lift themselves from poverty. About Wokai: Wokai is a 501(c)(3) non-profit dedicated to alleviating poverty in China through microfinance. Through www.wokai.org, contributors loan as little as to a borrower, collect repayments each month, and allocate capital to a new borrower at the end of the loan cycle. Since the website launch in November 2008, Wokai has raised over US0000 in loan capital, attracted 5600 users, and empowered over 400 borrowers. Wokai has been featured in CNN, Time, MSNBC, CNBC, Newsweek, CCTV, Phoenix TV, 三联生活周刊, and Bloomberg. About Casey Wilson: As ...
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