Tuesday, June 15, 2010

Micro loan initiative comes to Charlotte

Posted By on Tue, Jun 15, 2010 at 11:56 AM

More proof that one person can make a huge difference: Joshua Mater, a U.S. Army Veteran, has brought his vision for micro financing green projects abroad to Charlotte.

Mater’s experiences in Iraq led him to start The Michael Scott Mater Foundation, named after his father, who died of cancer in 2002.

The foundation’s initiatives are twofold. Firstly, it is bringing together representatives from academia, government and industry to help introduce green building and sustainable energy projects in countries such as Iraq, Ukraine and Russia.

The second initiative focuses on microlending for existing and new businesses. The foundation says it works with local leaders in developing and promoting small businesses so as to foster promote entrepreneurship, sustainable economic growth and job creation. Since 2008, the nonprofit has loaned over $30,000 to small businesses in Peru, the country of origin of the foundation’s co-founder and chief operating officer, Jesus Quispe.

Now Mater is launching the Micro Loan Initiative in Charlotte, the first and only U.S location.

Read the rest of this Mecklenburg Times article, by Sam Boykin, here.

You can also follow the Michael Scott Mater Foundation on Facebook and Twitter, where the profile reads, "The Michael Scott Mater Foundation (MSMF) is a nonprofit organization dedicated to building relationships between the United States and Foreign Nations."

Check out one of the organization's teaching sessions from late last year:

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