MicroPlace – Help People To Help Themselves Out Of Poverty
November 30, 2009 · Filed Under eBay News
MicroPlace (www.microplace.com ), a PayPal company launched in 2007, is a social business that enables everyday people to invest in the world’s working poor.
The organization, whose mission is to alleviate global poverty, facilitates online investments in microfinance that have proven to be an effective way of transforming people on the margins of society into economically productive individuals.
MicroPlace is championing a model that fuses people’s desire to be philanthropic with the efficacy of investing to raise microfinance capital. MicroPlace is a wholly-owned subsidiary of eBay, Inc. (NASDAQ:EBAY).
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