Kristina Keneally on Microfinance

Kristina Keneally on Microfinance

By Katrina RoeTuesday 27 Sep 2011Hope Mornings

State Labor MP and former Premier Kristina Keneally has recently become an Ambassador for Opportunity International – a charity based on the principle of microfinance.

By providing small loans, from as little as $100, they help women in proverty to start a business, earn an income and provide for their family.

It’s been an incredibly successful model: so far they’ve been able to help more than 2 million clients and 97% of the loans have been repaid in full.

Here Kristina Keneally talks about how microfinance is transforming lives in India and how a small loan can make all the difference to the world’s poorest women.

Listen Now – Katrina Roe speaks with MP Krisitna Keneally.

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