Business micro finance loans provide sustainable solutions for disadvantaged communities across the globe. By offering safe, affordable financial support to individuals and families, The Mercy Foundation helps reduce the effects of poverty for everyday people in Africa, Asia, Australia, Europe, South America, Central America, and North America, including the U.S.
How it Works
The Mercy Foundation is a nonprofit organization that puts the power of change into the hands of those who need it most, the poor.
Borrowers use these microfinance loans to stimulate the economic growth they need to change their lives, and to repay the loan.
Unlike most nonprofit organizations that help a poor person by giving them only what they feel are the necessities of everyday life, which is desperately needed, Mercy Foundation believes that to impact poverty we need to help the poor create capital versus just consuming it.
When poor people are given the opportunity to create capital, it creates exponential growth in themselves, their family and their community. When people just consume the help given to them, they never learn how to really create capital to have a more sustainable and brighter future.
We know how to alleviate poverty…by giving people a hand up as opposed to a hand out, which is why our benefactors receive Microloans that help them learn to become creators of capital by starting or expanding an existing business in their community. When their business grows, so does their opportunity to realize a better life for them and their family. Their success boils over to bring about long-term sustainable change in their community as well.
The repayment rate on these reliable and affordable micro-finance loans is approximately 99%! So, once the funds have been returned, the money is used again and again to reduce poverty and empower more communities around the world.
“Blessed are the Merciful for they will be shown Mercy” (Matthew 5:7)