Tuesday, March 31, 2015

Microlending in Australia (From SBS Australia)

Image by monique72.
Here’s another interesting article - Rosemount Good Shepherd, a non-profit organization in Australia, provides small, interest free loans to refugees. They help clients set up business plans, consult industry experts, and involve local university business students. Refugees tend to be more entrepreneurial in spirit since their home countries do not have welfare systems, and they are forced to make a living for themselves. Refugees are also more likely to be charitable and give back to society since they have experienced poverty.

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