The International Micro-Loans of Buffalo is a not-for-profit organization founded on the basis of social entrepreneurship. IMB uses small loans to give struggling families around the world an opportunity to improve their standard of living by expanding their subsistence businesses.
Founded in the fall of 2012 by three juniors attending Saint Joseph’s Collegiate Institute, International Micro-Loans of Buffalo has played a key role in changing the lives of people across the world. Two years have passed, and the original founders of the organization are now distinguished young adults beginning their college career. In order to continue the mission of Micro-Loans, leadership in the organization has been passed on to current students at St. Joe’s who have been selected for their leadership and dedication to the community. They are working with an international organization called Kiva to help distribute small loans to struggling families in developing nations.
International Micro-Loans of Buffalo Inc. has raised money from a group of donors that they will use to make loans through Kiva, which finds small businesses in need of loans. Learn more about their efforts to help people around the world and take a look at some of the people to whom they have loaned money at our Blog.
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