Why Microfinance?

Why Microfinance?

Think about this for a moment – there are 2.5 billion people in the world who do not have a bank account with a formal financial institution. In addition to that, more than 3 billion people live on less than $2.50/day. These two stats are astounding and point to two things; there are billions of people on this planet who don’t have the means to participate in the market economy to build their own businesses and that there is massive wealth inequality in our world.

Microfinance is the answer to these two challenges.

NuzakiCrowd allows for those living in poverty and those who lack means of starting a business, to access basic financial, receive fund and running their own business.

In addition to that, NuzakiCrowd tackles the second challenge, redistribution of wealth. We allow people from all around the world, who have the means, to contribute to meaningful projects for those in need.

Most importantly – Microfinance is a global phenomena and a proven methodology that has lifted millions out of poverty. Backed by decades of evidence based research and programming, microfinance projects have proven to deliver results.

People have the ideas, the know-how, and the will to lift themselves out of poverty. We believe interest-free loans through microfinance is going to get them there.