What Is MicroWorld?
MicroWorld is an internet platform that allows individuals and businesses to finance projects of micro-entrepreneurs around the world by making online loans. Born in 2010 from a partnership between the non-governmental organisation (NGO) Positive Planet and Groupe Allard, the website offers a marketplace of online financing, news and insights on the microfinance field, and a place where lenders can organise their lending activity within an online community.
MicroWorld is run as a social business - combining a strong social mission with business methodology - whose aim is to promote the growth of microcredit in developing countries. The social business model is designed to maximise social impact through efficient, sustainable, and scalable business practices.
This section of the website contains detailed information on our mission and values, and how we operate. There is an extensive frequently-asked-questions section which explains, amongst other things, how to make a loan on MicroWorld. And for those of you who want to know what microcredit is, we have tried to answer that too.
Why loans and not donations?
By lending to someone rather than donating, you are forming a business relationship with them and treating them as an equal. The connection is based upon mutual respect and a desire to do business. We believe that this is a dignified way to interact with people, irrespective of their situation. Not only this, loans can be recycled over and over, multiplying their effect.
To me, poor people are like bonsai trees. When you plant the best seed of the tallest tree in a flower-pot, you get a replica of the tallest tree, only inches tall. There is nothing wrong with the seed you planted, only the soil-base that is too inadequate. Poor people are bonsai people. There is nothing wrong in their seeds. Simply, society never gave them the base to grow on. All it needs to get the poor people out of poverty is for us to create an enabling environment for them. Once the poor can unleash their energy and creativity, poverty will disappear very quickly.
Muhammad Yunus, joint-winner of the Nobel Peace Prize 2006 for his work in microfinance
The relationship created between the lender and the micro-entrepreneur is based on mutual respect
and business principles, not charity.
The MicroWorld team is made up of professionals who specialise in web, microfinance, and online banking, who are committed to investing their expertise in the MicroWorld organisation.
MicroWorld’s interface is designed with transparency as a priority. Lenders can find clear and accurate information on the available projects, as well as precisely monitor their investments.
MicroWorld is based on a new economic model combining solidarity, economic viability, and innovative technology.
44, rue de Prony
75017 Paris FRANCE