To address aspiring unbanked entrepreneurs and contribute to no poverty globally, we introduced a groundbreaking new business model: the first-ever pay-it-forward community microloan, merging charity and microfinance. We secure donations from the Global North, which are then transformed into microloans in the Global South. As businesses thrive, loans are paid forward to new entrepreneurs in the same community, creating a sustainable ripple effect of new initiatives and independent local financial structures.
Each of GlobalGiving’s nonprofit partners is required to send quarterly donor reports detailing the impact of their work. Here are some of their recent updates:
By Janina Peter | Founder & CEO
Continuing Our Mission and Laying the Groundwork While we have not yet raised additional funds specifically for this GlobalGiving project since our last report, we remain deeply committed to... Read the full report ›By Janina Peter | Founder & CEO
Project Report for GlobalGiving Project: Empower Climate Entrepreneurs in the Global South Date: 10.03.2025 Laying the Foundation for Green Microloans Thanks to your support, we’ve been able to... Read the full report ›