Microfinance & Beijing Olympics

Professor Warning passes along this invitation to Wokai's Olympic Kick-off on August 8.

Wokai's Olympic Kick-Off (Seattle) HOW WILL YOU CELEBRATE THE SUMMER OLYMPICS? Come join Seattle’s Olympic party on opening night and support Wokai, an organization that is working to end poverty in China through micro finance. *Win door prizes *Ping pong table *Watch the opening ceremonies on big screen TV’s *Full Bar *Suggested $15 donation to Wokai encouraged

Date
August 8th, 2008, 7pm

Location: Spit Fire

Address:
2219 4th Ave
Seattle, WA 98121
(206) 441-7966

Wokai is a capital-contributing microfinance intermediary in the China microfinance field. Wokai is specifically committed to raising loan capital for microfinance institutions (MFIs) in China. Our organization achieves this goal through creating an internet platform that empowers individual contributors to provide Chinese microentrepreneurs with loan capital.

To facilitate this capital transfer, Wokai partners with local MFIs that are responsible for both dispersing capital and monitoring microentrepreneurs. Through utilizing the power of the internet, Wokai reaches out to individual contributors, a funding source generally inaccessible on the large scale to non-profit organizations operating in China. This unique approach allows Wokai to provide new capital resources to the microfinance sector, thereby expanding financial opportunities for the poor in China.