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Nicaragua / Argentina – Loans, financing for workers Email list (internal customer data from https://labase.org) 73.400 Emails

$270.00 $45.00

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Description

Email list validated May, 2020

Mother company https://www.theworkingworld.org/us/

Non-extractive finance …

We put funds in the hands of working people without forcing them to put collateral or overwhelm them with the burden of a debt that may threaten their well-being. In this way, workers are free to focus on the stability and growth of their business .

WE DO NOT REQUIRE WARRANTY

We do not ask for material or monetary guarantee to assign a loan. In return, we ask for information and constant communication with the group, as well as transparency.

10% INTEREST ON DECREASING BALANCE

Our interest rate is only that necessary to maintain the purchasing power of the fund. We make sure that wealth stays in the community.

WE ONLY RECOVER BASED ON GENERATED PROFITS

If the loan does not generate profits, the business strategy is modified. As a last resort, the loan is liquidated with the assets acquired from the loan; never demanding resources that can impoverish partners.

Mission
Fondo solidario revolvente que otorga créditos justos a cooperativas de trabajadores y grupos solidarios que comparten dramáticamente el desarrollo de su empresa.


 

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