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How Five Socially Driven, Women-led Firms Got Some Radical Generosity

article Crowdfunding, Distributed Knowledge, Tools
How Five Socially Driven, Women-led Firms Got Some Radical Generosity
Description Unable to find the financing model she was looking for, Saunders created her own. “Radical Generosity” combines crowdsourcing, philanthropy and mentoring — leveraging not just the “wisdom” of the crowd, but its heart. SheEO has a community of 500 women in eight provinces who have contributed $1,000 each to be loaned to women-owned businesses, with no expectation of a return. The funds paid back by the borrowers will be “paid forward” to other needy firms.

SOURCE LINK to the full article: http://business.financialpost.com/entrepreneur/growth-strategies/how-five-socially-driven-women-led-firms-got-some-radical-generosity

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