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First Round of Micro-Loans are Now FUNDED

 
 

Philanthropist.org has secured funding for its first round of "pre-pilot" recipients. During the next Micro-Finance Field Study and official Pilot Program, these initial funds will be distributed. It is important to note that the philanthropist.org mission is to help ALL people become philanthropists - including those in developing countries, so our recipients will be given the oppotunity to give back as well.

Examples include:
1. Aristy's Clothing Store (Low interest Loan)
2. Ramon's Internet Cafe (In-Kind Donation)
3. Nelcida's School Supplies (Micro-Donation)
4. Raphael's Restaurant (Low-Interest Loan)

We still need to deliver these loans/investments/contributions to the Dominican Republic, and intend to find donors/investors for all remaining pre-pilot program receipients. Then we plan to profile 150+ more people in a Pilot Program, as wells as scaling operations via established MFIs.

 
January - 2010
 
 
   Operating Statistics ................
 
 



Lifecycle: 3468 days

Visitors: 12,310

Subscribers: 4,400

Loan Portfolio: $800

Members: 7,212

Entrepreneurs: 4,818

Philanthropists: 950

Online Now: 3646

Projects: 2

Fraud Complaints: 0

   
 
     
 
 
 
 

 
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