About Spartan Global Development Fund
The Spartan Global Development Fund recruits Michigan
State Spartans who are socially minded, intellectually curious, and
driven to make an impact in the world. With this talented group of
people, we use the sourcing of funds, research of microcredit
investment opportunities, and management of our microcredit loan
portfolio, both as a conduit for social change and an educational tool
to bring the global issues we deal with to the surface in our local
community.
By utilizing the strength and breadth of the network
establish by Kiva.org, we are able
to find and fund hardworking entrepreneurs who have previously been
denied the access sustainable capital that doesn't come tied to
usurious rates of interest. Our entrepreneurs truly are the core of our
organization. It is based on their hard work, reliability, and
determination that we can count on repayment rates in excess of 98% so
we can continuously redeploy our capital to other entrepreneurs who are
eager for the opportunity to grow their micro-enterprise.
The most common aspiration that our entrepreneurs have
in developing countries such as Ghana, Samoa, El Salvador, and Peru, is
to make enough money with their new business to send their children to
school.
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