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Causes: Economic Development, International, International Economic Development, International Relief, Microfinance
Mission: Five Talents is a Christian microfinance organization that works to fight poverty, create jobs and transform lives by empowering the poor in developing countries using innovative savings and credit programs, business training and spiritual development.
Results: Since 1998, Five Talents has mobilized over $10 million to build the capacity of indigenous organizations to provide over 500,000 loans and assist 354,827 individuals with business training, spiritual formation, small loans and the creation of savings groups, credit associations, and community banks.
Target demographics: empower entrepreneurs
Direct beneficiaries per year: over 79,000 members
Geographic areas served: developing countries in Asia, Africa, and Latin America
Programs: business skills training, spiritual mentorship, small group savings, financial services, business development, and creation of community banks