Monday, June 08, 2009

United Prosperity: Make a difference

United Prosperity is the world’s first person to person loan guaranteeing website.

Small entrepreneurs all over the world need funds to start and grow their businesses. Banks however don’t lend to them without collateral. Small entrepreneurs cannot provide collateral since they are often very poor. Microfinance institutions (MFIs) lend to the poor without collateral but they in turn (especially the smaller MFIs) need guarantees to borrow from banks.

You can help the entrepreneurs earn a better livelihood by providing cash collateral – a guarantee – on our website. Your guarantee allows the entrepreneurs to access a microloan through one of our partner Microfinance Institutions (MFIs).

Operations began in India in May 2009 and over time will expand to other countries

If anyone has funds available that they want to use to help microfinance in India, and help get another microfinancing nonprofit going, please visit:

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