Credit Score Boost

In the past two years a lot has happened to the economy, there have been ups and downs that have affected thousands, some of them have lost their homes, their jobs or even their businesses; this situation had also caused some credit score damage for several people or has not allowed others to establish their credit history; at this point and being a socially responsible institution OUR MicroLending has come up with the idea that we have to do more to help the community, we have to honor our commitment of opening doors to the future, and make our mission work in favor of those that need us the most.

Microfinance, for profit and Non for profit, small and micro business

Here is a little bit of all that I have heard in the past year; since I started working on the microfinance field there are many concepts and differences one should be able to understand that is confusing, even the regulating organisms have some issues in defining and making differences among the concepts.

Many conversations have taken place in the past 10 years about the fact of microfinance being an important way of helping the poor, but does a microfinance institution have to be non for profit to have a social impact? Or it is necessary to be profitable to keep helping as much microentrepreneurs as possible?

The Newest Member of OUR Team.

For the past six month Our MicroLending has walked the path of growth and has brought new faces to the team; we take this opportunity to introduce you to the most recent member of OUR family, an individual who has brought a fresh perspective, experience and has reinforced OUR mission as a company, someone with a deep understanding of microfinance and an extensive awareness of the needs of micro-entrepreneurs.

Please join us in welcoming William Mateo; more than 13 years of business development and managerial experience in the field describe him as one of the best microfinance professionals in the state of Florida.

UNA BREVE VISITA A CALIFORNIA

Luego de algunas conversaciones con nuestros antiguos ejecutivos y co-fundadores de OUR MicroLending LLC, Omar Alireza y Mariel Santandreu, decidí hacer una visita a San Francisco, San José y Los Ángeles para conocer algunas MFI¨s y eventualmente visitar algunos VC en la zona.

Planifique la visita en la primera semana de Marzo, hice citas con Eric Weaver, CEO de Opportunity Fund (www.opportunityfund.org) y con Marco Lucioni de Financiera Confianza (www.confianza-usa.com) así como con un par de VC.

La idea fundamental era conocer sobre las operaciones de estas Instituciones de Microfinanzas así como hacer contacto con los VC y saber sobre su eventual interés en el fondeo de Largo Plazo de instituciones como la nuestra. Omar y Mariel me habían hablado mucho sobre el mayor desarrollo y conocimiento de las microfinanzas en California y de la alta concentración de instituciones VC alrededor de Silicon Valley.

Why did we file a Form 1-A (Reg. A) with the Security Exchange Commission (SEC)?

This week we published on our website: "OUR MicroLending LLC’s Reg.A qualification on December 23^rd by the Securities and Exchange Commission (SEC) to sale up to $5,000,000 Unsecured Investment Certificates (Certificates)”. The question is: Why are we doing this? Which is the purpose of selling that much in Certificates?

To accomplish OUR’s Mission statement of providing microcredits to Microbusinesses or unbanked entrepreneurs, we need a steady and permanent flow of funds to meet our demand, thus continued helping micro-entrepreneurs through our microloan program. This demand has been bigger than what we have expected given that the funds available from our shareholders, friends and relatives were not enough to cover our demand.

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Credit Score Boost

Microfinance, for profit and Non for profit, small and micro business

The Newest Member of OUR Team.

UNA BREVE VISITA A CALIFORNIA

Why did we file a Form 1-A (Reg. A) with the Security Exchange Commission (SEC)?

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