Microfinance brings opportunity to the millions of individuals who live in abject poverty by providing them with financial services like loans, insurance and savings. Microfinance is credited with helping millions of poor people increase the size of their accumulated wealth.
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- Generation Microfinance: Charlie Javice Believes in the Power of Students to Alleviate PovertyPoverUp, which launched in April 2011, was named one of Inc. Magazine’s “11 Coolest College Startups,” and founder Charlie Javice, who is 19, was one of Fast Company’s “100 Most Creative People in Business 2011.” Javice, a student at The Wharton School, University of Pennsylvania, spoke with Knowledge@Wharton High School editor Diana Drake about building an online network that lets socially minded students learn, connect and invest in microfinance.
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