mPOWER peer-to-peer funding to the developing world
- Eric Watt
About mPOWER
I spent a couple of days with Eric Watt earlier this year and thought you should know about him. Eric is living life on the edge and leads from years of personal practice that are beyond simple thoughts, classroom theories and overstated and empty musings. You can follow him on twitter, I do.
mPOWR is one of the world’s first peer-to-peer “funding” marketplace communities that combines a passion to bring real transformation to the developing world with the highest levels of personal trust.
Eric Watt, founder and CEO, birthed mPOWR after nearly 20 years of training and development work in the Middle East, the Sub-continent, Central Asia and the Pacific Rim. Each global field partner is hand selected to reflect the highest values and standards of ethics, financial integrity and social responsibility.
At https://www.mpowr.org/index.php, donors/lenders are given an opportunity to mPOWR a socially responsible business owner in the developing world. Each qualified business owner is selected and mentored through viable field partners. The business owner is assessed by the field partner in regard to the strength of their business plan and the social impact of their endeavor.
Here’s how it works. After registering at www.mpowr.org, funders are free to search by country, type of business, etc., to discover the opportunity that suits them. When they choose a business to mPOWR they will then be given an option to help fund the business by providing either a tax deductible donation or an interest bearing loan. They get to choose. Monies will transfer from your online mPOWR account to the field partner and be personally delivered to the business owner within a few days. Donors/Lenders will then be able to track the progress of the business and its impact in the surrounding community.