Microfinance gives low-income entrepreneurs in under-resourced countries access to business loans and other financial services.
Why Microfinance for the United Methodist Church?
Around the globe, more than 3 billion people live on less than $2.50 per day. Many of these individuals depend on self-employment for their income. Whether it is a simple store, a market stall or bakery operated out of their dwelling, a few goats or seamstress services, they use whatever ability God has given them to survive and provide for their families. But often they are unable to grow their businesses due to lack of capital and basic financial services.
As Christians, we are called by Jesus Christ to love and serve the poor. Traditionally the Church has provided benevolence assistance to the poor, offering critical food, shelter and medical services. These are important responses to Jesus’ command. But what could we do to assist these self-employed poor in their efforts to build up their own lives? The United Methodist Microfinance Connection exists to help you act upon that challenge – providing an opportunity for you to fund a business-building investment and support a non-profit network that provides financial services to the poor.
The United Methodist Church is partnering with the Foundation for International Community Assistance (FINCA) to make accessibility to financial services a reality in low-income communities where there are Methodist churches already hard at work, sharing the good news of Jesus Christ.