What is Microfinance and How It Can Help End Extreme Poverty.

April 18, 2012 by Robin Eschler

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Tom Coleman of the Bottom Billion Fund addresses the global war against extreme poverty, killer of 10 million people a year (1000 an hour). Top of the list of the 8 UN Millennium goals is ending extreme poverty, an achievable goal within only a few more years of continued momentum.

The Bottom Billion Fund’s only focus is on helping the extreme poor through micro finance. By supporting microfinance institutions (MFIs) located in countries having high populations of people living on under $1.25 a day, the Bottom Billion Fund provides money to make micro-loans to individuals for micro enterprise. These ultra small enterprises serve to lift families from extreme poverty into the rising global middle class. By accomplishing this, we also help fight the terrorism that highjacks vulnerable people.

Learn how you can participate in ending extreme poverty, the largest on-going violence against mankind that is completely unnecessary. Get more resources, videos, articles and detail by clicking here to read our Socially Conscious blog.

Filed Under: World Tagged With: bottom billion, bottom billion fund, extreme poor, extreme poverty, global rising middle class, micro enterprise, micro finance, micro loan, micro-credit, microcredit, microfinance, microfinance institution, millennium goals, socially conscious investing, Tom Coleman, UN millennium goals

About Robin Eschler

Robin L. Eschler, the founder of Social Impact Marketing, started her career in developing foundational marketing strategies for companies of all sizes, from Fortune 500 to individual entrepreneurs and local businesses. She has developed and implemented international campaigns to launch high tech products and services and guided new business owners to successfully navigate the difficulties of growing a business.

Her life-long passion for helping others led her into nonprofit work for over a decade. Early on, she recognized the need for nonprofits to adapt to a rapidly changing world in which technology dominates and for-profit business practices are central to success. Her determination to help social causes in a sustainable way led to her creation of the Women's Radio show Socially Conscious Investing.

Impact investing in for-profits with a mission of social change such as the fight against extreme poverty is a blossoming business sector around the world. With the economic decline, it's clear that Wall Street requires change. Social impact investing addresses that need in a way that provides financial and social ROI.

As the Host of Socially Conscious Investing on WomensRadio, Robin's goal is to educate people about the growth of social impact investing and social venture. Interviews are conducted with socially conscious business experts including foundations and nonprofits, social venture investment firms, micro-loan organizations, investors, educators, authors and social entrepreneurs.

This show's mission is to help change the world through sustainable business practices that contribute to the economy, combat poverty, end hunger and provide better lives to all.

Twice, Robin has been recognized and received the highest honorary award that Rotary International gives, the Paul Harris Award, for service above self. Her community work has included developing local programs for disadvantaged populations such as foster children, troubled teens, and people with disabilities.

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