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Microfinance Is Booming in California – Check Out the Sold Out Conference Webcast on Thursday

3p Contributor | Tuesday May 26th, 2009 | 0 Comments

ericweaver.jpgThe following is a short post from Opportunity Fund Founder and CEO, Eric Weaver. Opportunity Fund is producing the now sold out Microfinance California, on May 28th at Stanford. If you are finding out about it for the first time now, don’t kick yourself too hard, you can still catch the webcast tomorrow. -Ryan and rest of the 3p Team
As the federal government shells out hundreds of billions of dollars of taxpayer money to prop up failing financial institution, with no end in sight, there’s one sector that is not only in the bloom of health, but is offering hope and help to many around the world.
Many people know of microfinance as a successful strategy for overseas development, but don’t realize that microfinance has been helping low income people in the US for the last ten years. Now, in the wreckage of the recession, the country is looking for fresh strategies for fighting poverty and patching income loss. Microfinance is about to become one of the significant solutions on the table.
This month my organization, Opportunity Fund, is co-sponsoring California’s first ever microfinance summit. The sold-out conference takes place on Thursday, May 28 at Stanford University. Participants — both those who want to lend a helping hand through investing in new entrepreneurs, and those who have their own great ideas for starting small businesses – – will learn about the power and potential of microfinance.
The conference webcast will be available live at 9:00 am PST, when Premal Shah, Founder of Kiva.org will join John Stumpf, Wells Fargo’s CEO for the opening keynote: microfinancecalifornia.org/webcast/.


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