Saturday, December 29, 2012

Final Micro-Loan of the Year

The Moorfield Storey Institute regularly gives micro-loans to individuals developing their businesses in the developing world. We have made loans in Ecuador, Benin, Tajikistan, Zambia, Bolivia, Peru, Paraguay, Mongolia, Azerbaijan, and El Salvador. The Institute is entirely funded by donations from its staff, friends and from proceeds from sales at our book service,

Our most recent loan is to Eris Rodolfo in El Salvador. Eris runs a bookstore and general store from the same premises. He lives with his in-laws, his wife, and two children, 7 and 15. He has one employee and has been in business for three years. He wishes to purchase notebooks and books for the new school term as well a products such as cooking oil, and grains. He is trying to expand his inventory so as to improve his economic position.

The Storey Institute is a 501(c)3 organization. Your donations are critical. Most of the Institute's income comes from the staff, who donate their time and resources. In addition to running the Adam Smith Benevolent Fund, the outlet for our charitable giving, we operate Cobden Press, which publishes books of interest to classical liberals and libertarians. We distribute books at discounted prices through and also contribute a regular column to Huffington Post. At this time, due to the lingering recession sales have been slow at Fr33minds.

The Institute is having a very rough time financially. Your donations are tax deductible and are especially needed at this time. To make a donation just go here.

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