Habitat for Humanity is looking to grow funds by borrowing a developing-world concept: microloans. The Atlanta-based nonprofit, which builds homes for people in need, is expected to announce Thursday the launch of a microloan program in partnership with the Maryland-based Calvert Foundation. It will allow individuals to invest in — rather than simply donate to — Habitat’s philanthropic mission.
Wonderful. Here’s more on the plan. This program really does a good job keeping people living in economically un-viable areas. Just the ticket for feel good liberals.
How about that money is used to help them MOVE to where there are better economic opportunities? Nahhh, then we’d have no more houses to build on Saturday mornings.