William, our first micro-lending recipient in Nicaragua, signs his interest free loan.  Over the next 12 months, making every payment on time, William expanded a home business selling high end beauty product and is now self-sustainable financially! 

William, our first micro-lending recipient in Nicaragua, signs his interest free loan.  Over the next 12 months, making every payment on time, William expanded a home business selling high end beauty product and is now self-sustainable financially! 

RAKlife ELEVATE:

Microlending Program - interest free business loans to locals to elevate their lives towards financial stability & freedom

This is what we know to be true: business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.
— John Mackey, Conscious Capitalism: Liberating the Heroic Spirit of Business

At RAKlife we believe that of all the purposes a business can have, the best one is to drive the prosperity of a community.

In developing nations around the world, one of the most common ways for a family to make a living is by operating small businesses such as small-scale agriculture or buying and selling of consumer goods. $100-200 USD can have an enormous impact on the operations of these small businesses once converted into the currency of an emerging economy.

We would like to see a world full of nothing but kind, prosperous people. One way we’re working to achieve this vision is to locate entrepreneurs and small business owners in emerging economies who may not have access to traditional bank loans and show them kindness and support by lending them the funds to sustain or grow their business. The gratitude of our loan recipients is implicit in their 100% successful repayment rate.

Contact us now if you would like to sponsor an entrepreneur or small business owner across the world today! 

Alex Cashman - Director of Micro-lending:  acashman@raklife.org