Answering the Call to Compete in a Blogging Contest

This posting is to help Wokai in a blogging competition. Apparently a social marketing company is doing a online marketing campaign to draw attention to various social causes (and perhaps itself), the NGOs got blogged about the most will receive a cash award from the company.

Although I wouldn't call this a win-win situation, I feel obliged to answer the call. The following blurb is what is suggested by the HQ. And I approved the message :)

What is Wokai?

Wokai delivers an internet microfinance platform that allows individuals to provide Chinese microentrepreneurs with loan capital. Our organization acts as an intermediary in this process, transferring funds from contributors abroad to microentrepreneurs in China through our field partners.

Who does Wokai support?

A typical Wokai microentrepeneur is a female rural inhabitant, living on less than $1/day. Her microfinance loan, ranging from $150-$300 dollars, provides her with the capital to start a small business. Her business varies by location, raising sheep in a rural grassland or operating a small fruit stand in a city center.

With her income, she accumulates savings, which allows her to allocate money towards long-term investments like education and health. By the end of her loan cycle, she has experienced increased financial independence, bolstered self-confidence, and a strengthened sense of community.

Learn more and contribute today at http://www.wokai.org.

This blog post is part of Zemanta's "Blogging For a Cause" campaign to raise awareness and funds for worthy causes that bloggers care about.