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EcoLogic Finance

Amount Raised:
$1.28

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Address

675 Massachusetts Avenue 8th Floor
Cambridge, MA 02139

Description

EcoLogic Finance was born from the premise that the greatest threat to fragile ecosystems worldwide is massive human poverty; their innovative lending model helps relieve both problems. The organization provides affordable loans and financial training to small- and medium-sized enterprises practicing sustainable natural resource management in rural areas of the developing world. Their clients include rural villagers operating in sustainable agriculture, wild-harvested products, certified fisheries, handcrafts, and ecotourism. Since launching in 2000, EcoLogic Finance has provided over 280 loans ranging from $25,000 to $750,000 with a gross value of over $50 million to over 140 community-based enterprises in 21 countries.