MicroPlace, founded in 2006, is a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of FINRA (formerly NASD), MicroPlace is currently the only broker-dealer specializing in microfinance securities for retail investors. Started by Tracey Pettengill Turner, MicroPlace was bought by eBay Inc. in 2006.
MicroPlace was founded when Turner realized that the microfinance industry needs $250 billion to get capita...
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MicroPlace, founded in 2006, is a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of FINRA (formerly NASD), MicroPlace is currently the only broker-dealer specializing in microfinance securities for retail investors. Started by Tracey Pettengill Turner, MicroPlace was bought by eBay Inc. in 2006.
MicroPlace was founded when Turner realized that the microfinance industry needs $250 billion to get capital to all the world's working poor who need it . However, only $25B of capital has been raised in the international markets to date. While American people give about $300B in charity every year, this goes to all charities and not just microfinance. Turner felt that there were not enough charitable dollars to address the global poverty issue and so founded MicroPlace to direct socially responsible investment capital to microfinance investments. Americans invested about $2.4T in socially responsible investments in 2006
MicroPlace provides...
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