Microlending Cycle

Micro Financing – The Ripple Effect

When you make a loan or donation thru MicroKonnect you are enabling someone to grow a business and create opportunity for themselves, it creates opportunities for others as well. That ripple effect can shape the future for a family or an entire community.

MicroKonnect is unique because the micro loan capital remains in the entrepreneur’s community. Once a loan is repaid, the money is used to fund another hardworking person in that same area. This recycling of loans creates a micro finance ripple effect. And since the basic principal of microlending is to aid people that wouldn’t otherwise qualify for a loan, the cycle of poverty is continuously broken while helping to build a thriving community.