Issue 13: Microfinance
Asia/Pacific: MicroAid’s Community Enterprise Networks
MicroAid's Community Enterprise Networks enable funding agencies, community organizations, and poor families to work together to eradicate poverty through direct online funding of home enterprises. Through its portal, MicroAid anyone can send micro-aid funds directly to poor families seeking to achieve sustainable livelihoods through simple home enterprises. Local community organizations facilitate home enterprise growth and local governance networks through the MicroAid system, which tracks and reports on progress for every new idea, relationship, community organization and funds transferred. This transparent system helps ensure that aid money reaches those who need it most tm poor families. The organization is currently focusing on funding enterprises in Indonesia.