Published by Drew Meyers on 23 Feb 2010
Archive for February, 2010
Published by Drew Meyers on 07 Feb 2010
Soap Hope and “Good Returns”
I can across Soap Hope this evening as a result of a Tweet I received as a result of retweeting this article. Soap Hope’s business model, named “Good Returns,” really impressed me and I thought worthy of sharing — they invest 100% of their profits every year, for the full year, into anti-poverty non-profits. They chose microfinance as a niche to support and are currently partnered with 3 microfinance institutions (Esperanza International, Chiapas Project, and Plan Fund). 2009 was their first year in business, and they generated $20,000 in profits that was then loaned to their microfinance partners.
Their co-founder, Salah Boukadoum, has extremely ambitious goals for the “Good Returns” model — one billion dollars towards ending poverty. I applaud his efforts, and hope we continue to see additional entrepreneurs like him starting businesses that help alleviate poverty.
Published by Drew Meyers on 03 Feb 2010
Two Microfinance Events in Seattle on February 18th
For those in Seattle, there are two events you may be interested in on February 18th:
Microbrews and Microfinance with Lumana (organized by SeaMO):
When: February 18, 6pm-9pm
Where: 1201 1st Avenue South Seattle, WA 98134-1238 www.pyramidbrew.com
Events Details:
- Drinks and networking with Lumana staff and volunteers
Wokai Happy Hour (in honor of the Chinese New Year):
When: February 18 ,5:30 – 7:30 pm
Where: Café Amore in Belltown, 2301 Fifth Avenue
Event Details:
- Enjoy hors d’oeuvres, beer, wine and signature Wokai beverage
- Special preview of Wokai’s enhanced website
- Fun night of networking and learning
Cost is $25 per person, of which $10 will be credited to a borrower of your choice on Wokai.org.
