Poverty2Prosperity
Poverty2Prosperity.org is focused on providing zero percent interest loans to developing-world entrepreneurs who would otherwise n...Learn more
About Poverty2Prosperity
Poverty2Prosperity.org is focused on providing zero percent interest loans to developing-world entrepreneurs who would otherwise not have access to working capital from traditional banks and credit institutions. By providing a 'help out' rather than a 'hand out,' these loans form the basis of a renewable source of economic stimulus; once the loan is paid back, it can be re-loaned immediately. Because we carefully vet borrowers, our repayment rate since 2012 is 98.99%. We are a 100% volunteer organization & over 97% of our donations have gone directly into making loans. We have expanded our loan funds to include those for Women Entrepreneurs, Youth (24 and under), Education (tuition and education providers), Personal Housing, Single Parents, and even a fund exclusively for USA Borrowers.
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Causes
Agricultural cooperatives, Farmlands, Irrigation and water management, Livestock and ranching, Fish farms and hatcheries, Sustainable fishing, Folk arts, Ceramic arts, Painting, Textile arts, Entrepreneurship, Job creation and workforce development, Anti-predatory lending, Development finance, Home ownership, Adult education, Early childhood education, Tutoring, Educational management, Elementary and secondary education, Graduate and professional education, Higher education, Vocational education, Rent and mortgage assistance, Home repairs, Home accessibility, Agriculture for youth, Economics for youth
Established
2009
Verified on GoFundMe
2022
Tax ID
26-3542359
NTEE code
Fund Raising and/or Fund Distribution
Poverty2Prosperity is a 501(c)(3) public charity, EIN 26-3542359. Donations are tax-deductible. Select content is provided by GuideStar.