Omidyar-Tufts Microfinance Fund Explained

The Omidyar-Tufts Microfinance Fund is a microfinance investment firm established on 4 November 2005. eBay founder and social entrepreneur Pierre Omidyar and his wife Pam donated $100 million to their alma mater Tufts University to create the fund, which will offer millions of tiny loans to entrepreneurs in developing countries.[1] [2]

External links

Notes and References

  1. https://www.usatoday.com/money/industries/technology/2005-11-03-social-entrepreneurship_x.htm Ebay founder takes lead in social entrepreneurship
  2. http://www.businessweek.com/technology/content/nov2005/tc20051104_079665.htm Tiny Investments, Big Changes