The Lighthouse



Wednesday, December 21, 2011

Why We Micro-Lend

If you’re not familiar with our company you probably have no idea what we do nor any idea why we do it.  If this is the case, consider this your introductory post at least in terms of Beacon Worldwide- Beacon Marketing’s non-profit micolending division.  For those of you already familiar with Beacon Consultants, Beacon Imports and Beacon Worldwide, consider this a refresher and a little more information to get you inspired.

In short 8% of every sale no matter how small or large from our Beacon Imports division (www.beacon-imports.com) goes to our microlending account.  These funds are then dispersed to aspiring groups and individuals all over the world.  We do this because we feel that capitalism in all its forms cannot thrive unless there are organizations, individuals and companies that are willing to give access to capital to each and every entrepreneur throughout the world.  Risks are part of our American heritage and Beacon Marketing tries to look for those business that closely mirror our own values and takes on this risk by working through that individual’s or group’s financial institution to provide funds for the startup and/ or continuation of that particular business.

We do this both domestically and abroad.  Our domestic partners allow people in poorer urban areas of the United States to better their lives by using their innovation and skills to develop products and services that will benefit their communities.  Our foreign partners disperse funds to areas of the world where access to capital and resources are scarce.  In essence we are trying to infuse a little bit of capital in the areas where it will make the biggest difference.

Recently Forbes Magazine’s cover story “Can Venture Capitalism Save the World?”  highlighted (on a much larger scale) how one organization’s quest to break into third world countries is offering skills, resources and hope to those who have only known difficulty and misery.  I invite you to read this article here (http://www.forbes.com/sites/helencoster/2011/11/30/novogratz/
 and see for yourself why we and other organizations lend our resources to individuals who, like us, still have a dream.