MICRO-LENDING
"A micro-loan is a small loan extended to an individual or a small business in order to propel entrepreneurship. Traditional microfinance institutions have focused their energies on developing countries such as India, Bangladesh, and countries throughout Africa. Through microfinance, these institutions have supplied loans, savings, and other basic financial services to the poor." (CGAP)
HOW AIA IS DIFFERENT
Angels In Action has chosen a slightly different microfinance model.
We lend exclusively to U.S. based Entrepreneurs.
AIA offers our ANGELS SEVERAL MICRO-LENDING OPTIONS:
SPEND TO LEND:
When generous Americans we call ANGELS purchase something on our website, AIA LENDS proceeds from every SPEND to an AMERICAN ENTREPRENEUR seeking a micro-loan. Because this is a purchase, and a product is received, these ANGELS DO NOT THEIR MONEY BACK.
CLICK HERE IF YOU WANT TO BECOME AN ANGEL.
THE HALO EFFECT
The Halo Effect is part of AIA's new SPEND TO LEND program.
ANGLELS SPEND $25 US dollars:
They receive a VALUABLE PRODUCT.
AIA then lends portions of the money we retain to an AMERICAN ENTREPRENEUR in need of a micro-loan.
Plus we give 10 percent to an official AIA endorsed CHARITY.
If you have any questions or concerns, or are a Product Vendor / Entrepreneur / and/or Charity who wishes to be featured in the Halo Effect, please CONTACT US.
DIRECT ANGEL LENDERS
Direct Angel Lenders are Generous Angels who directly lend money to a U.S. based Entrepreneur in increments of $25 USD to $3000 USD.
These Angels DO GET THEIR MONEY BACK.
CLICK HERE IF YOU WANT TO BECOME A DIRECT ANGEL LENDER.
Still curious about Micro-finance?
Visit some our favorite information pages on Micro-lending: