Why
Contribute?
Financial Inclusion
Donations are an important financing mechanism for microentrepreneurs. In many cases, these microentrepreneurs do not have access to traditional banking services due to their limited assets or lack of a credit history. Donations bridge this financial inclusion gap, allowing them to invest in their businesses and create opportunities for growth.
Multiplier Effect
Donations are not mere one-off financial transactions; have a profound multiplier effect. When micro-entrepreneurs receive funds, they can invest in their businesses, purchase necessary equipment and hire additional staff. This growth leads to an increase in productivity and income generation, creating a domino effect that elevates not only individual microentrepreneurs, but also entire communities.
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Democratization of Finance
By facilitating direct contributions from individuals and organizations, donations democratize finances. They provide a grassroots approach to finance, enabling people from all walks of life to participate in the economic development of low- and middle-income countries. This approach allows every contribution to make a tangible difference and promotes a sense of global citizenship.
Democratization of Finance
Accountability & Transparency
Donors often expect transparency and accountability from CSOs, which leads these organizations to demonstrate the social and environmental impact of their work. Donations encourage CSOs to develop Impact Measurement and Management (IMM) frameworks, which results in a clear understanding of the results of the funds mobilized.
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