What makes a Good Return Loan?
Our Microfinance Institution (MFI) Partners
Our MFI partners share our vision for a world without poverty. Funds generously contributed by the Australian public are sent to our MFI partners as interest-free capital. This helps them extend their services to the poorest communities and pilot innovative financial products for these clients.
Managing small accounts for people in isolated communities is an expensive business – so MFIs must charge enough interest to cover their costs. Profits are used for future growth, and invested in social as well as financial initiatives.
Our Community Bankers
Our Community Bankers deliver more than just loans. Savings accounts, money transfer, and insurance products are essential for people to begin their journey out of poverty.
Our Bankers work to meet high standards in social responsibility, for example protecting clients from over-indebtedness, charging fair and transparent interest rates, or handling delinquencies or complaints in a sensitive manner. In times of crisis, some help out by providing disaster relief for customers and communities in need.
Loans are used for a wide range of commercial and household purposes. Most are for farming and business, such as investing in livestock and feed, fertilisers and seeds, fresh inventory for a village store, or new fishing nets. Others are for urgent needs like repairing a leaky roof or motorbike, paying school fees, or a medical emergency.