microfinance

A while ago, I wrote on the rainbo blog how one of the most empowering and exciting elements of running one's own business - however small - is the freedom to choose where you spend your profits. In other words, to be able to give money gained by your toils to the cause of your choice. For me, this is one of the fundamental bonuses of setting up your own for-profit company, and one that is all too often overlooked in the food industry.
Kickstarter's very public successes have increased developer attraction to the platform. And with the increased developer activity, the number of failures and cancellations has increased also.
Microfinance has been hugely successful in cutting poverty and promoting economic growth in developing countries. It started as philanthropy, with charities and non-governmental organisations (NGOs) using donations to give very small cash loans to poor people, predominantly women, to start businesses so that they could feed themselves and their families.