One Fifth of the world lives on less than $1 per day
Traditional means of credit and financial support are not aiding those in need
Microloans are used to help people living in extreme poverty start or expand a range of tiny businesses such as weaving and tailoring, husking rice, tea and coffee production, and delivering cell phone services to remote villages.
HUB follows the vision of 2006 Nobel Peace Prize winner, Dr Mohammed Yunus and Micro Credit Summit and Results founder, Sam Daley Harris, to see micro loans and financial training available to everyone.
The Women of Koch live in one of the most violent slums in the world, Korogocho. Generations of HIV infected women, starving and without hope. HUB initiated micro loan programs and within seven weeks the same women grouped together, self proclaimed as “no longer sick but empowered”, and resourced by local HUB organizations, were beading bracelets with sales guaranteed through HUB’s Global Market Place.