Microfinance Program

 

We recently gave our donors a new way to broaden the charitable impact of their donations. Donors can now recommend that up to ten percent of their Charitable Gift Accounts be used to help guarantee microfinance loans in the developing world. This is the first program of its kind, giving Schwab Charitable donors the ability to participate in microfinance while donated assets continue to be invested for potential growth and future granting.

In collaboration with Grameen Foundation and Developing World Markets, and powered by the generosity of our donors, Schwab Charitable will increase the availability and reduce the costs of microfinance loans in a number of developing markets. Microfinance has had a transformative effect in regions of the world where a $200 loan can literally change someone’s life, providing entrepreneurs with the small amounts of capital they need to build businesses, pulling their families up by the bootstraps and breaking the cycle of poverty.

To learn more:

Download our recent newsletter (PDF) to learn more about microfinance
in general

Read our Press Release (PDF) announcing the new offer

Download a Fact Sheet (PDF) with specifics about the offer

Call a Donor Relations Specialist at 800-746-6216