Wokai: Difference between revisions

Revision as of 03:02, 19 December 2010

Revision as of 05:07, 19 December 2010

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'''Wokai''' is an organization that allows people to contribute directly to [[microfinance]] institutions in China, which in turn lend the money to entrepreneurs in rural China.<ref name="SF Chronicle">[http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/13/BACB16VUFE.DTL Tiny loans, big difference at Bay Area Web site]</ref><ref name="MSNBC">[http://worldblog.msnbc.msn.com/archive/2009/07/28/2012055.aspx "Role-reversal: Americans provide loans to Chinese - World Blog - msnbc.com"]</ref> It is a [[501(c)|501(c)(3)]] [[non-profit organization]] based in [[Oakland]], with core operations in [[Beijing]], supported by individual donors, corporate sponsorshipssponsors, fundraising events and grants.<ref name="About">[http://www.wokai.org/f/about/index.php "About" on Wokai.org]</ref>

==History==