It has been called many things – paying it forward, the ripple effect, investing in the future – but it has been proven that making microcredit loans to women to help them maintain a stable income for their family enables their ability to raise happier, healthier children. Why women? Women will reinvest about 80% of their income in food, housing, clothing, medicine and education for their families, compared to 30% by men. This not only benefits their own families, but also boosts their local economy through the purchases of food and other items the women buy with their earnings.
Indiegogo supports paying it forward through their crowdfunding campaign for 1% for Women, a company founded by
The 1% for Women crowdfunding venture is a flexible fund – which means that the money is retained and used, even if their goal of
The crowd funding campaign offers perks at many different levels of support. Whether you can offer
The tangible prizes are not the greatest reward for contributing to this crowdfunding venture. In a very real sense, you are helping create a better tomorrow. Children raised in households where women are earning a steady income grow up to be healthier, better educated individuals, making a positive impact on future of us all. Their increased quality of life and education, helps them become better able to earn a good living, starting the desired ripple effect for creating a better global economy.
Overall, this campaign is the epitome of what true crowdfunding is all about – many individuals giving a little so that an organization can grow and create true change for all.
About 1% for Women:
http://www.onepercentforwomen.com is an online store featuring the work of women artists and small craftspersons. They sell such diverse items as organic products, art work and jewelry. The proceeds from the sales support the artists, helping them have a year-round income. One percent of the sales goes toward making microloans to women. Each month, a woman who has received a loan is featured on the website.
Read the full story at http://www.prweb.com/releases/OnePercentForWomen/MothersDay/prweb11809821.htm
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