75,000+ loans in 18 years · 98.92% repayment rate · over 97% of donations go directly into making loans.
75,000+
Loans Made
98.92%
Repayment Rate
97%+
Donations to Loans
100+
Countries Served
Poverty2Prosperity (P2P) is a San Francisco Bay Area-based 501(c)(3) non-profit microfinance organization engaged in the goal of alleviating and breaking the cycle of poverty by providing 0% interest loans to the working poor. We are a 100% volunteer organization which helps to keep our overhead low — 97% of donations go directly into making loans. We have made over 75,000 loans with a 98.92% repayment rate.
P2P is focused on providing 0% interest loans to developing-world entrepreneurs who do not otherwise have access to working capital from traditional banks and credit institutions. By providing a 'help out' rather than a 'hand out,' these loans form the basis of a renewable source of economic stimulus; once the loan is paid back, it can be re-loaned to another deserving entrepreneur. During our first ten years, we've expanded our funds to include those specifically for Education, Women, Youth (26 and under), Single Parents, USA-Borrowers, and Personal Housing, all things that help people break the cycle of poverty by giving them the ability to get a job and keep a job (besides employing others, caring for others, and also giving children the opportunity to get an education and have a safe place to live).
We are a Platinum Transparency rated charity on Guidestar.org/Candid.
Candid Platinum Seal of Transparency
Their highest honor for nonprofits that openly share financial and organizational data.
Latest P2P Loan · Artisans Fund
This is a great example of both an Artisans Fund loan and a successful repeat borrower! Featured is Letty who is a hardworking woman from Portoviejo, Ecuador who seeks a way to earn her income so that she can help her husband get the household ahead. She is achieving this with the help of the loans, and for that, she is very grateful. She is asking for the help to continue.
She is a teacher in an institution where they pay her a monthly salary, but she also makes handmade decorations for events. Her customers order personalized decorations ahead of time for birthdays, weddings, baptisms, and more. She makes them with a lot of love. Her first loan had a term of 9 months, but she repaid it in just 5 months. Her second loan from P2P is already repaid 35% and 3 months ahead of schedule.
Donate to our Artisans Fund today →"A $1,000 donation in 2008 is still funding loans today — and will still be making new loans in the year 2100."
Here's what's amazing and why you should be interested. When you make a donation to an organization it spends it on goods and services — with P2P, we are making 0% loans and that means that the money you donated is re-paid back to P2P, and we loan it right out again to another entrepreneur trying to work their way out of poverty.
What's truly amazing is that our repayment rate over the past ten years is 98.92%. We received an initial donation when we founded P2P of $1,000. That donation is still funding loans today and at our current repayment rate, it will still be funding new loans in the year 2100. We like to call it a renewable economic resource, because that's exactly what it is.
P2P follows an asset allocation/protection plan when funding loans and all borrowers are vetted face-to-face ahead of time. We support loans to Agriculture/Food Production, Food Transportation, Clothing, Education, Health, Manufacturing, Arts, Construction, Housing, Renewable Energy, climate-harm reduction business activities, and more while avoiding some loans such as cigarette sales, liquor, pubs, and non-renewable energy sources.
P2P has a number of funds it manages from general loaning funds to specific funds (that also provide poverty-relief) such as those mentioned above and even a Honor/Memorial Wall fund to honor those we love. We even have individually named funds from donations for individuals who wanted to be able to track their donations in a single fund. We call most of these accounts, Perpetual Funds, because once funds are deposited into them, they cannot be removed. Please see our Funds Summary for a listing of all of our funds with descriptions.
Make a donation that's going to work hard for about 100 years
It's simple — we need more donations so we can fund more loans at a time. There are deserving loans going unfunded at this time. 18 years of loaning and a 98.92% repayment rate. P2P is a US registered 501(c)(3) tax exempt organization — your donations are tax-deductible to the extent permitted by law.
View All Funds & Donate →