| WHO WE ARE: | Phones 4 Loans is a charitable program aimed at generating funds for revolving micro-loans to entrepreneurs in developing countries by collecting and reselling unwanted cell phones and accessories.
|
| HOW IT WORKS: | Recycling boxes will be placed around campus and in locations in Fort Collins. Phones can be recycled along with batteries and accessories through April 30. All phones and accessories collected will be shipped to Collective Good, a Colorado-based non-profit organization that re-sells or recycles cell phones, with all profits paid to the charitable organization selected by Phones 4 Loans. Phones 4 Loans chose the charitable organization Kiva, a popular internet service for microfinance loans in the developing world. The small loans provided by microfinance to low-income entrepreneurs in these countries, via Kiva, will work to correct that imbalance between rich and poor. Most funds loaned by Kiva are repaid (Kiva boasts an impressive 99.86 percent repayment rate), which means the Phones 4 Loans proceeds will continue to help microentrepreneurs for years to come. |
| HOW YOU CAN HELP: | Click here to find out how you can donate! |