Why give loans as opposed to giving seed money to needy entrepreneurs?
MEDA Trust wants to contribute to long term solutions to poverty, not simply short-term band-aid solutions. We support local microfinance institutions that provide strong, sustainable support for ongoing business growth. MEDA believes in helping local financial institutions provide services to their community. These institutions will remain long after MEDA leaves, providing a way for the working poor to rise above poverty and discover the dignity and confidence that comes from earning a living. To see the value of this approach, follow your own portfolios report on the value of your loans made. You will see the value of the loans made exceed the amount of your initial contribution.
