Financial Solutions2020-10-23T13:04:33-04:00

Financial Solutions

Tools for sustainable self-reliance.

Financial Solutions

Tools for sustainable self-reliance.

Financial Solutions

Tools for sustainable self-reliance.

03 Financial Solutions

Providing Access to Loans, Savings
Accounts, Insurance, and More

There are large populations of people in developing countries who don’t have access to banks and other financial services. If they need a loan to start or expand their business, their only option is a village loan shark who charges very high-interest rates. This extremely harmful yet common lending practice traps individuals and families in a cycle of debt that is nearly impossible to overcome without proper guidance and assistance. At Mentors International, we are able to extend small loans, at an affordable interest rate, to those who demonstrate integrity and motivation after attending our business training courses. This combination of mentoring, training courses, and financial solutions, has led to an astounding repayment rate of 96%

That is why we call this “Financial Solutions”. This is a solution, not a burden. These small loans provide opportunities, not challenges.

Continue reading to learn more about how our financial solutions help spread sustainable self-reliance throughout developing nations.

03 Financial Solutions

Providing Access to Loans, Savings
Accounts, Insurance, and More

There are large populations of people in developing countries who don’t have access to banks and other financial services. If they need a loan to start or expand their business, their only option is a village loan shark who charges very high-interest rates. This extremely harmful yet common lending practice traps individuals and families in a cycle of debt that is nearly impossible to overcome without proper guidance and assistance. At Mentors International, we are able to extend small loans, at an affordable interest rate, to those who demonstrate integrity and motivation after attending our business training courses. This combination of mentoring, training courses, and financial solutions, has led to an astounding repayment rate of 96%

That is why we call this “Financial Solutions”. This is a solution, not a burden. These small loans provide opportunities, not challenges.

Continue reading to learn more about how our financial solutions help spread sustainable self-reliance throughout developing nations.

03 Financial Solutions

Providing Access to Loans, Savings Accounts, Insurance, and More

There are large populations of people in developing countries who don’t have access to banks and other financial services. If they need a loan to start or expand their business, their only option is a village loan shark who charges very high-interest rates. This extremely harmful yet common lending practice traps individuals and families in a cycle of debt that is nearly impossible to overcome without proper guidance and assistance. At Mentors International, we are able to extend small loans, at an affordable interest rate, to those who demonstrate integrity and motivation after attending our business training courses. This combination of mentoring, training courses, and financial solutions, has led to an astounding repayment rate of 96%

That is why we call this “Financial Solutions”. This is a solution, not a burden. These small loans provide opportunities, not challenges.

Continue reading to learn more about how our financial solutions help spread sustainable self-reliance throughout developing nations.

No Dollar Dies

With our guiding principle of providing a hand up instead of a handout, the donor-recipient relationship is transformed. We serve only individuals and families who demonstrate integrity, quality character, and the motivation to permanently lift themselves out of poverty. Therefore, we know that when we extend a microloan, or microcredit, at an affordable interest rate, these individuals will pay back the loan. As these small loans are repaid, the payments are put back into the loan fund, where they are then loaned out to another individual or family. This process means that your contribution will have the impact of a perpetual donation that continues to help people long after the contribution is made.

No Dollar Dies

With our guiding principle of providing a hand up instead of a handout, the donor-recipient relationship is transformed. We serve only individuals and families who demonstrate integrity, quality character, and the motivation to permanently lift themselves out of poverty. Therefore, we know that when we extend a microloan, or microcredit, at an affordable interest rate, these individuals will pay back the loan. As these small loans are repaid, the payments are put back into the loan fund, where they are then loaned out to another individual or family. This process means that your contribution will have the impact of a perpetual donation that continues to help people long after the contribution is made.

No Dollar Dies

With our guiding principle of providing a hand up instead of a handout, the donor-recipient relationship is transformed. We serve only individuals and families who demonstrate integrity, quality character, and the motivation to permanently lift themselves out of poverty. Therefore, we know that when we extend a microloan, or microcredit, at an affordable interest rate, these individuals will pay back the loan. As these small loans are repaid, the payments are put back into the loan fund, where they are then loaned out to another individual or family. This process means that your contribution will have the impact of a perpetual donation that continues to help people long after the contribution is made.

The Power of Financial Solutions

Commonly Known as a Microloan

Thanks to generous donations, Mentors International is able to provide small yet impactful loans to those who would otherwise have no access to credit or other financial services. With these loans, entrepreneurs are able to start or expand their businesses and improve their earnings.

As their incomes increase, these entrepreneurs become able to feed their children nutritious meals, buy books and school uniforms, and pay tuition for better schools. Many eventually hire additional employees in their growing businesses, creating jobs, and providing income for more families.

Our Financial Solutions enable entrepreneurs in poverty-stricken developing nations to:

Purchase tools and
raw materials

Enhance productivity and
hire additional employees

Increase product variety

Satisfy a niche market demand

Improve product quality

In many circumstances, recipients are able to continue sustainably expanding their business without taking out additional loans. They are also able to further strengthen their family’s financial security through additional solutions that we enable them to access, such as savings accounts, life insurance, and health insurance.

The Power of Financial Solutions

Commonly Known as a Microloan

Thanks to generous donations, Mentors International is able to provide small yet impactful loans to those who would otherwise have no access to credit or other financial services. With these loans, entrepreneurs are able to start or expand their businesses and improve their earnings.

As their incomes increase, these entrepreneurs become able to feed their children nutritious meals, buy books and school uniforms, and pay tuition for better schools. Many eventually hire additional employees in their growing businesses, creating jobs, and providing income for more families.

Our Financial Solutions enable entrepreneurs in poverty-stricken developing nations to:

Purchase tools and
raw materials

Enhance productivity and
hire additional employees

Increase product variety

Satisfy a niche market demand

Improve product quality

In many circumstances, recipients are able to continue sustainably expanding their business without taking out additional loans. They are also able to further strengthen their family’s financial security through additional solutions that we enable them to access, such as savings accounts, life insurance, and health insurance.

The Impact of Financial Solutions in 2020

90%

of Loans

were to women

24,551

Loans

were disbursed

157%

average Increase

in rate for loan recipients

$350

average Loan

size

$137

average Cost

to help an individual

96%

Repayment Rate

of loan

65%

average Decrease

in personal consumer debt

$129

average Cost

to help an individual reach self-reliance

The Impact of Financial Solutions in 2020

The Impact of Financial Solutions in 2020

90%

of Loans
were to women

24,551

Loans
were disbursed

157%

average Increase

in Rate for loan recipients

$350

average Loan
size

$137

average Cost

to help an individual
reach self-reliance

96%

Repayment Rate

of loan

Financial Solutions Stories

90%

of Loans
were to women

24,551

Loans
were disbursed

157%

average Increase

in Rate for loan recipients

$350

average Loan
size

$137

average Cost

to help an individual
reach self-reliance

96%

Repayment Rate

of loan

Financial Solutions Stories

Financial Solutions Stories

Subscribe to our Newsletter

Mentors Monthly

Subscribe to our Newsletter

Mentors Monthly

01
Mentoring Multiplier
The start of each journey to self-reliance, mentoring lays the foundation for success beyond simply increasing income. One-on-one mentoring ensures each mentee not only has the “tools” they need to succeed, but that they know how to use them.

Learn More

02
Training Courses
From learning business and financial principles to life skills and marketable trades, our vocational training courses equip students to be successful entrepreneurs with their own businesses or highly-qualified employees working in local industries.

Learn More
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Mentors Monthly

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