Microcredit organizations are easy to understand. It's a simple model that holds weight perhaps because of that simplicity and the gendered model that allows women predominantly to borrow money. A small loan promotes business. In 2006, microcredit won a Nobel Peace Prize, well, Muhammad Yunus and his Grameen Bank did.
"Such florid hyperbole, as clearly intended, began to attract the attention of the world," writes Milford Bateman in a Le Monde Diplomatique article called "The rise and fall of microcredit in post-apartheid South Africa." "In particular, the main Washington DC-based international development agencies and some US-based right-wing foundations began to seek out Yunus in order to support his efforts." Those foundations that Bateman is referring to are the Ford Foundation and the Bangladesh government while also calling into question the commercialization of microcredit.
11 Microcredit Organizations
From Web Platforms to Creative Forums and Pay-as-You-Go Energy:
Tiana Reid — Apr 20, 2013 — Social Good
11
Pay-as-You-Go Energy
Simpa Networks Offers Solar Power to Underserved Markets in India
10
Eco-Conscious Knitted Attire
'lur.' Creates Comfortable Clothing for the Environmentally Aware
9
Guarantor Model Capital
MicroCredit Enterprises Uses the Funds of People with a High Net Worth
8
Crafty Microfinance Blogs
Ahkun Takes a Different Approach with Local Artisans
7
Collateral-Free Microcredit
Muhammad Yunus's Grameen Bank Has Revolutionized Finance
6
Low-Income Microfinance Associations
RADIM Works in Buenos Aires to Support Economic Development
5
Global Microfinance Networks
FINCA Provides Financial Services to Low-Income Entrepreneurs
4
Micro-Lending Web Platforms
Lendwithcare.org Works with The Co-operative
3
Creative Power Forums
The Social Business Conference 2012 Featured Muhammad Yunus
2
Creative Credit Programs
The Microfinance for Artists Research Project Focuses on Socio-Economics
1
Eco-Certified Athletic Balls
Fair Trade Sports is a North American Purpose-Driven Company
Related Ideas
Wood-Based Undergarments
Woodiees are a Line of Men's Underwear Made from Eucalyptus Fibre
20 Ethical Jewelry Innovations
From Beer Can Bracelets to Humanitarian Product Developers
30 Microfinance Innovations
From Youth-Oriented Finances to Pay-as-You-Go Energy
Pay-as-You-Go Energy
Simpa Networks Offers Solar Power to Underserved Markets in India
40 Socially Conscious Videos
From Poverty Partnership Imaginings to Beauty Product Narratives
Microfinance Investing
Kiva.org Lets You Become a Banker to the Poor
12 Social Loan Opportunities
From Youth-Oriented Finances to Collateral-Free Microcredit
Benevolent Bands
HANDS Directs All Proceeds Towards Their Many Humanitarian Projects
Kerosene-Replacing Lamps
Nuru Uses LED Lights to Create Jobs and Promote Safety in Rural Rwanda
Micro Loan Bikinis
RubyMoon Swimwear Donates its Profits to Female Entrepreneurs
Empowered Hand-Crafted Accessories
BADALA Gives Single East African Mothers a Working Income
Lily Lapenna, Founder and CEO of MyBnk (INTERVIEW)
Financial Education Social Enterprise for Youth
Social Entrepreneurs
A Megatrend
Ebay Ventures Into Microfinance
MicroPlace.com
Solar-Powered Parties
Finding Infinity is Sponsoring Eco-Conscious Festivals Around the World
Eco-Chic Handbags
English Retreads Recycles Inner Tubes to Make Refined Leather Accessories
Elegant Emancipating Attire
Liberate Apparel Provides Jobs, Opportunities for Majority World Women
Philanthropic Online Platforms
UNITE is Working to Enable Impactful Connections Throughout Africa
Super-Affordable Solar Lights
IKEA Releases Line of Solar-Powered Outdoor Lamps
Eco-Conscious Knitted Attire
'lur.' Creates Comfortable Clothing for the Environmentally Aware
Worldstock (INTERVIEW)
In Commemoration of the Passing of World Fair Trade Day
Eco-Conscious Designer Denim
Reco Jeans Makes Use of Production Scraps from Factories Worldwide
Eco-Conscious Couture
The Mauro Bianucci OW Collection Features Eco-Friendly Fashions
Life-Saving Altruistic Sandals
Beautiful Feet Provides Footwear to Those Who Need it Most
Charity-Helping Hipster Fashion
Jedidiah Aligns Contemporary Clothing with Compassionate Endeavors
Guarantor Model Capital
MicroCredit Enterprises Uses the Funds of People with a High Net Worth
Microlending Credit Cards
KivaB4B Doubles Grants
15 Microfinance Services
From Alternative Loan Products to Youth-Oriented Finances
Stacked Solar Lamps
The Leaf Lantern is a Leafy Eco Illuminator
Eve Friedman, Founder of Eve Echo (INTERVIEW)
Beauty Products That Provide Microloans
16 Muhammad Yunus Features
From Conscious Food Collaborations to Alternative Loan Products
Fair Trade Beverages
LemonAid is a Chic Social Business with a Conscience
Global Charity Microfinancers
WildHearts Provides Microloans to Help People Work out of Poverty
Illuminated Education Incentives
Selco Solar Provides Developing Countries an Opportunity
Solar Panel Home Lights
The Kiran Solar Lamp Recharges in Just 8 Hours
Low-Cost Solar Lanterns
D.Light Design Wins Ashden Award for a Lamp Brighter than Kerosene
Giving 2.0
Kiva Loans Lend Directly to a Developing World Entrepreneur
Inclusive Economic Development
Aavishkaar Invests in Rural Communities Through Entrepreneurs
Amanda Judge, Founder of The Andean Collection (INTERVIEW)
Colorful Beads That Empower Women
Socially Aware Business Models
Development Revolution Bucks Tradition, Gives Away 100% Profits
Fair Trade Cocoa
Divine Chocolate is a Social Business Partly Owned by Its Farmers
Direct Sunlight Water Disinfectants
The Eliodomestico is a Filter- and Energy-Free Water Purifier
Crafty Microfinance Blogs
Ahkun Takes a Different Approach with Local Artisans
Design-Focused LED Lanterns
‘d.light’ Offers Affordable Solar Lamps to Rural Communities
Collateral-Free Microcredit
Muhammad Yunus's Grameen Bank Has Revolutionized Finance
Organic Shade-Grown Coffee
Ethical Bean Sells Fair Trade and Socially-Responsible Products
Low-Income Microfinance Associations
RADIM Works in Buenos Aires to Support Economic Development
Ethical Silk Scarves
‘Cambodian Threads’ Gives School Supplies to Impoverished Kids
Youth-Oriented Finances
MyBnk Teaches Money Management and Entrepreneurial Skills
Social Entrepreneur Associations
‘Ashoka: Innovators for the Public' is World-Changing
Handcrafted Sustainable Tea
Namasthe Tea Co. Creates an Ethical Balance
Community-Driven Workspaces
The Centre for Social Innovation Promotes New Ideas
Global Microfinance Networks
FINCA Provides Financial Services to Low-Income Entrepreneurs
Tim Draimin, Executive Director of Social Innovation Generation (INTERVIEW)
Part Two
Creative Power Forums
The Social Business Conference 2012 Featured Muhammad Yunus
Social Innovation Networking
The Skoll Foundation Fosters Entrepreneurs Worldwide
Fair Trade African Soda
Ubuntu Cola is a First for the United Kingdom
Alternative Loan Products
Fair Finance Offers Affordable Banking to Urban Populations
Rema Subramanian and Ritu Verma, Ankur Capital (INTERVIEW)
American-Based Microlending
ACCION Chicago Provides Financial Access to Small Business Owners
Creative Credit Programs
The Microfinance for Artists Research Project Focuses on Socio-Economics
Smallholder Coffee Farmers
Cafedirect Builds Communities Through Social Business
Community-Focused Palestinian Produce
Zaytoun Imports Organic and Fair Trade Products
Visionary Social Change Videos
The Ashoka 'Everyone a Changemaker' Animation
Conscious Food Collaborations
Watami and the Yunus Centre Sign MOU to Create a Social Business
Fair Trade Shea Butter
Delapointe's Products are Made by Women in Burkina Faso
Social Advisory Firms
Intellecap is a ‘Think and Do' Tank With Market-Based Strategies
Comprehensive Vision Care Access
Aravind Eye Hospital Combats Needless Blindness in Rural India
Social Enterprise Magazines
Beyond Profit Provides Content to Spark Positive Change
Anti-Stigma Food Companies
The Healthy Hub Creates Jobs for People with Mental Illnesses
Social Business Rehabs
San Patrignano Offers Free Programs for Those with Addiction Problems
Eco-Certified Athletic Balls
Fair Trade Sports is a North American Purpose-Driven Company