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I work in Advertising Operations at Zillow, but LOVE microfinance. I'm always interested in startups, especially non-profits, reach out to me if you're working on anything cool!
Hi, I'm a microfinance blogger who is generally interested in the field of microfinance from a theoretical and practical point of view.
Katherine is a recent graduate from Cal Poly San Luis Obispo where she studied International Business and French. She is currently working at a private equity firm in the San Francisco Bay Area. Katherine loves to travel, and recently spent her summer volunteering in Mauritius.
Jason is from Bellingham, Massachusetts, a small suburb between Providence and Boston. He is currently enrolled as an undergraduate student majoring in international business at the University of Massachusetts-Amherst. After working in the commercial and personal loan industry he became interested in microfinancing. When Jason is not working or attending school, he is interested in Boston-based sports teams, meeting new people, and spending time with family and friends. After graduation he plans to work in the personal finance industry while earning his MBA.
“Easy, Simple, Powerful. Come travel and change lives!” What more can you ask for?Â The slogan of the new microfinance organization Investours, which is pioneering the concept of “microfinance tours,” combines microfinance and tourism.Â I’ve got to say, this is a pretty amazing concept. So far, Investours has only only done a pilot in Oaxaca, Mexico and has recently launched a second program in Dar es Salaam, Tanzania.Â How does Investours work?Â Here are the five simple steps:
1. Sign up for an Investour. 100% of your fee will be used for the loan given to the borrowers whom you visit.
2. Visit a developing community, meet multiple groups of women entrepreneurs, and learn about their small businesses
3. After a discussion with your tour group, select a group of entrepreneurs to receive the loan
4. Track the progress of your borrower group
5. Join our alumni network and continue to be involved with Investours
I’m really excited about this new concept for microfinance.Â I’m not quite sure how scalable it is, but so far it seems to be a great concept.Â Microfinance is still on the rise, but people are always traveling, so if they can penetrate tourism on a grander scale, this could have a lot of potential. I hope it does!