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Microloan Foundation USA Inc.

Microloan Foundation USA Inc.

Chestnut Hill, MA
Tax ID42-1751736

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$71,690

Expenses

$87,235

Mission

The Microloan Foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-Saharan African countries. Assisting more than 30,000 women and their more than 150,000 dependents in 2013.

About

MLF USA provided business education and training to small groups of women as a prerequisite to receipt of a microloan. The training provides women in sub-Saharan African countries with instruction and education in business skills for the benefit of the individual, her family and the community at large.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “The microloan foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-saharan african countries.”.

When referring to its actions, they were outlined as: “The microloan foundation is an international development organization that reduces poverty and inequality by providing microfinance services to impoverished women living in remote rural areas in sub-saharan african countries. assisting more than 30,000 women and their more than 150,000 dependents in 2013.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as MA.
  • The non-profit's address in 2019 is noted in the filing as 237 BONAD ROAD, CHESTNUT HILL, MA, 02467.
  • The non-profit's form for 2019 reports a total of 0 employees.
  • Is not a private foundation.
  • Expenses are less than $100,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$15,545.
  • The organization has 6 independent voting members.
  • The organization was formed in 2008.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.