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NEWS

Fund a FITE Microloan with Hom Yoga

17th October, 2011
Fund a FITE Microloan with Hom Yoga

Through FITE we aim to foster Financial Independence Through Entrepreneurship for women in the development world. Our mission is to provide women entrepreneurs access to small loans that will help them start or grow a business; and to educate the public about the benefits of empowering women entrepreneurs.

 

Lending to women produces a positive ripple effect of improved health, education and welfare for all household members. We are creating change for women and communities around the globe!

 

WHAT IS A MICROLOAN?

A microloan is an ingenious system that enables small entrepreneurs to access capital in an affordable way. Local field partners help to interview and enroll potential loan recipients, working with them on effective money management and a repayment plan that makes sense to their situation.

 

When the entrepreneur repays her loan, the field partner returns the money to FITE, where it will then be applied to helping fund another loan. And, because over 98% of microloans are repaid, this money lives on to help people for years to come!

 

FUND A MICROLOAN IN THREE EASY STEPS:

 

1. Buy a Hom Yoga membership

2. Visit joinFITE.org and enter the FITE redemption code we give you

3. For every code you redeem, $1USD will be allocated to the funding of a microloan in the part of the world, and for the type of business you choose

 

When joining FITE, make sure to mention the Hom Yoga Lending Team!