Meet Tom Mitchel and Richard Wymore who lead the U-City Microcredit Club a ministry of University United Methodist Church, in St. Louis. Their club makes small loans to entrepreneurs throughout the world who cannot get credit through the normal banking systems. They make their loans on line through an organization called kiva.org which lines up lending partners throughout the world. During the past 4 and half years they have made 227 loans with a repayment rate of over 98 percent.
For more information click here for the full 12 minute conversation with Tom and Richard.
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