SMSD-Organizational Microfinance
This model improves the economic base of an organization by focusing USD on low-risk deposit as collateral for microloans to stakeholders.
- Stage Prototype Ready
- Industry Other
- Location Hamburg, PA, USA
- Currency USD
- Employees 0
- Website humanitariansocialinnovations.com
Company Summary
The Organizational Micro Finance model will improve the economic condition of stakeholders involved with the pilot organization, a school in Tanzania. Donors will deposit, in a Tanzanian bank, funds which can be used for collateral. The stakeholders can borrow against these funds for micro enterprise or any alternative deemed an acceptable risk. This program builds upon structures and relationships already in existence within the pilot school.
Team
-
Josephales Sosthenes MtebeProgram Director
Mtebe is one of four founders of Simba wa Yuda (Lion of Judah) Academy in Tanzania. He currently acts as the head of the school and, as such, is familiar with the various stakeholders. Mtebe has a heart for the people of Lion of Judah and the surrounding area of Bulima. He is fluent in both English and Kiswahili, as well as several local tribal languages.
-
Linda Beth RentschlerUS Liason
Linda is a social innovator with personal ties to several countries through relationships developed at The King's Academy, where she is the High School Director. Her areas of professional interest include education, energy, economic development, sustainable agriculture, and research. She has a BA in Biology from Gettysburg College and is in the MBA/MEdL program at Lehigh University.
Previous Investors
-
Dawn HouserUnconfirmedAlan ManevalUnconfirmedKayla ManevalUnconfirmed
Starting a startup?
Join the world's largest startup network for guidance, tools, and fundraising opportunities.