{"id":1249,"date":"2023-06-13T14:02:11","date_gmt":"2023-06-13T14:02:11","guid":{"rendered":"https:\/\/andalus.space\/sites\/anuualreports\/?post_type=partnership&#038;p=1249"},"modified":"2023-06-21T22:34:25","modified_gmt":"2023-06-21T22:34:25","slug":"harnessing-the-power-of-microfinance","status":"publish","type":"partnership","link":"https:\/\/annualreport.islamic-relief.org\/2022\/partnership\/harnessing-the-power-of-microfinance\/","title":{"rendered":"Harnessing the power of microfinance"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:70px;--awb-padding-top-small:30px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>Since 1994, we have provided life-changing Islamic microfinance to people who typically cannot access conventional financial services. With our interest-free Shariahcompliant loans, Islamic Relief empowered over 43,500 people living in poverty to start or expand small businesses in 2022.<\/p>\n<p>We also launched Poverty to Profit, a new microfinance crowdfunding platform which links donors in the United States and Canada to disadvantaged people in Pakistan seeking financial support for entrepreneurship. Nearly 1,000 poor people running small businesses have been able to build and improve their livelihoods through the power of the crowd.<\/p>\n<p>2022 also saw our innovative Qurbani Plus programme launch in Mali, Pakistan and Sudan, as well as expand in Niger. The programme creates a sustainable source of income by supporting individuals to rear bulls, goats and sheep for qurbani. With the profits, participants can buy their own livestock or set up a kitchen garden.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"text-align:center;--awb-aspect-ratio: 100 \/ 270;--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none has-aspect-ratio\" class=\"image-magnify\" class=\"image-scroll\"><img decoding=\"async\" width=\"124\" height=\"300\" title=\"Microfinance-Poverty-to-Profit1-800&#215;2168\" src=\"https:\/\/annualreport.islamic-relief.org\/2022\/wp-content\/uploads\/2023\/06\/Microfinance-Poverty-to-Profit1-800x2168-1-124x300.jpg\" class=\"img-responsive wp-image-1696 img-with-aspect-ratio\" alt srcset=\"https:\/\/annualreport.islamic-relief.org\/2022\/wp-content\/uploads\/2023\/06\/Microfinance-Poverty-to-Profit1-800x2168-1-200x482.jpg 200w, https:\/\/annualreport.islamic-relief.org\/2022\/wp-content\/uploads\/2023\/06\/Microfinance-Poverty-to-Profit1-800x2168-1-400x964.jpg 400w, https:\/\/annualreport.islamic-relief.org\/2022\/wp-content\/uploads\/2023\/06\/Microfinance-Poverty-to-Profit1-800x2168-1-600x1446.jpg 600w, https:\/\/annualreport.islamic-relief.org\/2022\/wp-content\/uploads\/2023\/06\/Microfinance-Poverty-to-Profit1-800x2168-1.jpg 800w\" sizes=\"(max-width: 640px) 100vw, 600px\" \/><\/span><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"featured_media":1253,"template":"","class_list":["post-1249","partnership","type-partnership","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/annualreport.islamic-relief.org\/2022\/wp-json\/wp\/v2\/partnership\/1249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/annualreport.islamic-relief.org\/2022\/wp-json\/wp\/v2\/partnership"}],"about":[{"href":"https:\/\/annualreport.islamic-relief.org\/2022\/wp-json\/wp\/v2\/types\/partnership"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/annualreport.islamic-relief.org\/2022\/wp-json\/wp\/v2\/media\/1253"}],"wp:attachment":[{"href":"https:\/\/annualreport.islamic-relief.org\/2022\/wp-json\/wp\/v2\/media?parent=1249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}