Buddhist monk Phra Subin Paneeto
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Money lending to the marginalised

What could possibly link a Buddhist monk in Thailand to a social enterprise helping women take on financial responsibility in Jordan?

Money. More specifically, micro-lending to marginalised groups.

In Thailand, Phra Subin Paneeto uses Buddhist teachings to help him drive a community-based method of lending money to those in need. Those who partake in good deeds and don't drink alcohol or gamble are able to go to him to borrow funds for their day-to-day needs.

Meanwhile, in Jordan in the Middle East, Microfund for Women helps poor women whom the banks have turned down take out loans so they can set up their own businesses.

No collateral? No problem.

Available to international users only.

  • 27 May 2016
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