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The MicroCredit Enterprises Guarantors are extraordinary people. From diverse backgrounds, they share a common goal: to use their good standing to leverage maximum good. The current Guarantors—high net worth individuals, non-profit institutions, corporations and foundations—provide over $60 million in guarantees. But our goals are higher: to find more like-minded individuals and institutions looking for an innovative model to reduce poverty. A loan guarantee leaves assets in the Guarantor’s hands, while enabling neighborhood lenders in developing countries to make thousands of tiny loans to the most impoverished. Without making a donation or a social investment, or moving funds to a special account, each Guarantor positively impacts 15,000 desperately poor people in the developing world. Make A Difference“MicroCredit Enterprises’ guarantor model enables me to use my assets to help some of the poorest people in the world—while retaining and managing my portfolio. I am fortunate to be a part of this unique group of individuals, whose generosity reaches so many people with such impact.” Gregory S. Ledford Managing Director, The Carlyle Group, “A high net worth individual or foundation, without moving any money, can provide a half-million dollar’ worth of lending to the developing world. That means a half-million dollars going to hard-working micro-entrepreneurs and micro-borrowers who need it most.” Dorothy Largay Founder and Chief Executive Officer, “As a Guarantor, I am drawn to MicroCredit Enterprises’ success at achieving as low an overhead as possible. Our overhead is only 3-4% of our loan portfolio. Our goal is to ensure each guarantee is being effectively and efficiently managed.” William Way Guarantor, Important Disclaimer: Information provided on our website is not intended to be tax or legal advice. Please consult a qualified tax or legal advisor. It is also important to understand MicroCredit Enterprises is not a socially responsible investment fund or an investment of any kind. MicroCredit Enterprises is not operated as a profit-seeking venture for the benefit of any individual or institution. |