Nancy Swanson, Executive Director of Linked Foundation, talks about microfinance and shares the Dorothy Largay family foundation’s success in the fight to alleviate poverty in Latin America. Linked Foundation’s goal is to advance the development of holistic approaches that combine micro-finance with health education and services targeted to poor women in Latin America. As quoted on the Linked Foundation website, women have the power to change the world.
Nancy explains that women are a crucial ingredient in the fight against extreme poverty because women place their focus on improving the lives of their family and community. However, due to this focus, they often neglect their own health.
Linked Foundation has invested in partnership with well-researched micro finance institutions to not only provide micro-loans but to also take the opportunity to provide additional educational and health services. A woman who comes to pay her loan can walk to another portion of the same building to receive these valuable services. Pro Mujer is one of several Linked well-respected partners. For those who are interested in participating in micro-lending, the list of Linked Foundation partners is a good place to start your investigations.
The Foundation sees their philanthropic investments as “risk capital” directed towards initiatives that address a high need and have the potential for high social impact. The next phase for Linked Foundation is to work in partnership with The Eleos Foundation to fund for-profit initiatives that fight poverty while providing health and other educational services for the community. (Listen to past interviews with Andy Lower, Executive Director for The Eleos Foundation:
Listen to the interview completely to learn more about the importance to thoroughly research micro-lending organizations to assure best business practices by the Micro-Finance organization and that your specific goals are addressed well by the Micro-Finance Partner (MFP).
About Robin Eschler
Robin L. Eschler, the founder of Social Impact Marketing, started her career in developing foundational marketing strategies for companies of all sizes, from Fortune 500 to individual entrepreneurs and local businesses. She has developed and implemented international campaigns to launch high tech products and services and guided new business owners to successfully navigate the difficulties of growing a business.Her life-long passion for helping others led her into nonprofit work for over a decade. Early on, she recognized the need for nonprofits to adapt to a rapidly changing world in which technology dominates and for-profit business practices are central to success. Her determination to help social causes in a sustainable way led to her creation of the Women's Radio show Socially Conscious Investing. Impact investing in for-profits with a mission of social change such as the fight against extreme poverty is a blossoming business sector around the world. With the economic decline, it's clear that Wall Street requires change. Social impact investing addresses that need in a way that provides financial and social ROI. As the Host of Socially Conscious Investing on WomensRadio, Robin's goal is to educate people about the growth of social impact investing and social venture. Interviews are conducted with socially conscious business experts including foundations and nonprofits, social venture investment firms, micro-loan organizations, investors, educators, authors and social entrepreneurs. This show's mission is to help change the world through sustainable business practices that contribute to the economy, combat poverty, end hunger and provide better lives to all. Twice, Robin has been recognized and received the highest honorary award that Rotary International gives, the Paul Harris Award, for service above self. Her community work has included developing local programs for disadvantaged populations such as foster children, troubled teens, and people with disabilities. Visit our Facebook Page to "like" and join our community and discuss our episodes.Web | Twitter | Facebook | LinkedIn | Google+ | More Posts (79)