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Posts Tagged ‘Bloom Microventures’

Microfinance Tourism: How to Turn Travel Cash into Microcredits

  • Cynthia Ord
  • 21 January 2013

What is poverty? To Mohammad Yunus, the Bangladeshi father of microfinance and Nobel Peace Prize laureate, poverty is the lack of control over capital. His answer to poverty is to harness the entrepreneurial spirit of the poor through low-interest microloans, mostly to women. Today, anyone can join the microfinance movement and offer capital to the poor through crowdfunding sites like the Geotourism Development Foundation or Kiva. Travellers can now also connect with borrowers in person through innovative microfinance tours.

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Bloom Microventures Microfinance Tours Lift Women out of Poverty in Soc Son, Vietnam

  • Anja Lorscher
  • 12 October 2011

In Vietnam, Bloom Microventures combines tourism with microfinance in an extremely innovative manner: Bloom’s unique model of cross-subsidising microfinance operations with income generated through tourism enables the organisation to have a far greater social impact. By meeting the borrowers on a tour, we see clearly just how very successful Bloom’s program has been in lifting some of the poorest women in Vietnam out of poverty.

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Real Gunyah-Style Local Travel Experiences

  • Luke Ford
  • 18 February 2011

In light of Responsible Travel Week 2011, we at Gunyah – specialists in short-duration experiential packages for independent travellers eager to connect with local people – have selected our favourite local travel experiences… in Argentina, Vietnam, Nepal, Australia, Zambia, and Bosnia and Herzegovina. We want to inspire travellers to seek out more meaningful travel experiences, the kinds that can only come through real contact with locals and genuine enjoyment of local culture and tradition.

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Responsible Tourism in True Form: Bloom Microventures Comes to Vietnam

  • Ashley Hiemenz
  • 24 September 2010

As a Hanoi resident, I have taken many a tour with visiting friends. Accordingly, I have experienced my share of horrible tours. I’ve also seen the detrimental effects of tourism done wrong – whereby the big guys get richer and little money trickles down to the local suppliers (leaving disgruntled staff members and unhappy travellers). Over the years though, a few responsible tour operators have made a sincere effort to offer better travel alternatives, so when we noticed a humble poster that advertised a microfinance tour in Vietnam, we were definitely curious. What is a microfinance tour?

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