About the Microfinance Connection
The United Methodist Microfinance Connection makes it easy for individuals to support life-changing small loans for low income entrepreneurs struggling to escape poverty.
The United Methodist Microfinance Connection is a ministry of the United Methodist Mission Collaborative, Inc. (UMMC). The UMMC multiplies UMC mission impact around the world by fostering collaboration among many of the largest United Methodist congregations and Global Ministries, the denomination’s international mission agency. The UMMC is governed by a volunteer board consisting of representatives of Sponsor Organizations, including Global Ministries and local congregations.
The first program of the UMMC is in the area of microfinance – micro-loans and other financial services to low-income entrepreneurs around the world. The United Methodist Microfinance Connection involves: 1) connecting donors with qualified micro-loan recipients in under-resourced communities; and 2) connecting vetted lending partners with local UMC congregations in under-resourced communities, jointly offering small business and personal finance training in the local congregation, and generating leads to the lending partner for qualified loan applicants.
The aim of the Microfinance Connection is to: 1) help low-income entrepreneurs in under-resourced communities expand their businesses, create jobs, build assets, and sustainably improve living conditions for themselves and their families; and 2) strengthen local UMC congregations in under-resourced communities as Christ-centered agents of economic development.
Our lead lending partner is the Foundation for International Community Assistance (FINCA), one of the largest microfinance institutions in the world, headquartered in Washington, DC. FINCA shares our UMMC values of high ethical standards and intentional, ongoing assessment of social performance. We currently serve Malawi and Mexico, countries with a large UMC presence where FINCA operates subsidiary banks. We plan to add many countries as the program expands.
Through substantial grants and in-kind staffing contributions, Sponsor Organizations underwrite the costs of operating the microfinance program, such as the costs of this website and the costs of UMC personnel in the mission field.
To carry out these purposes, the UMMC formed a non-profit 501(c)(3) corporation in Kansas. Donations to UMMC via the Microfinance Connection web site are tax deductible to the extent provided by law. For more information, see the FAQ.
Here’s 2 great ways to spread the word about this significant ministry:
- download and print the 2016 Promo Brochure
- share the Microfinance Connection’s About Us video – below
Watch or share the 3-min. About Us promo video in the frame below – and download or share via your social media or email by selecting the Arrow icon (upper right in the frame = ).
About Us Video (approx. 3 min.)