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	<title>Sustento - Exploring possibilities for building a sustainable society &#187; connections</title>
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		<title>Wokai: Microfinance on the ground in China</title>
		<link>http://sustento.org.nz/wokai-microfinance-on-the-ground-in-china/</link>
		<comments>http://sustento.org.nz/wokai-microfinance-on-the-ground-in-china/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 00:22:10 +0000</pubDate>
		<dc:creator>Raf Manji</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[china]]></category>
		<category><![CDATA[connections]]></category>
		<category><![CDATA[lending]]></category>
		<category><![CDATA[microfinance]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[social entrepreneur]]></category>
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		<category><![CDATA[wokai]]></category>

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		<description><![CDATA[Because of its closed monetary system, microfinance, using external funds, has been tricky to deliver into China. So you will notice Kiva does not offer loans there as yet. However, Wokai, which I featured a while ago, has started up and is making great progress in delivering finance to those who are unable to access [...]]]></description>
			<content:encoded><![CDATA[<p>Because of its closed monetary system, microfinance, using external funds, has been tricky to deliver into China. So you will notice <a href="http://www.kiva.org">Kiva</a> does not offer loans there as yet. However, <a href="http://www.wokai.org">Wokai</a>, which I <a href="http://sustento.org.nz/wokai-start-it-up/">featured</a> a while ago, has started up and is making great progress in delivering finance to those who are unable to access it through traditional banking channels.</p>
<p>It&#8217;s always good to see footage from the field and here is a great video interview with <a href="http://www.wokai.org/f/about/index.php?page=team">Casey Wilson</a>, the co-founder and CEO, shot by <a href="http://www.grubbylens.com/facebook-for-chinas-farmers/">GrubbyLens</a>. These personal stories help build the picture and make the connection more real.</p>
<p><object width="400" height="300"><param name="allowfullscreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="movie" value="http://vimeo.com/moogaloop.swf?clip_id=5318060&amp;server=vimeo.com&amp;show_title=1&amp;show_byline=1&amp;show_portrait=0&amp;color=&amp;fullscreen=1" /><embed src="http://vimeo.com/moogaloop.swf?clip_id=5318060&amp;server=vimeo.com&amp;show_title=1&amp;show_byline=1&amp;show_portrait=0&amp;color=&amp;fullscreen=1" type="application/x-shockwave-flash" allowfullscreen="true" allowscriptaccess="always" width="400" height="300"></embed></object>
<p><a href="http://vimeo.com/5318060">Facebook for Farmers</a> from <a href="http://vimeo.com/user1697313">grubbylens</a> on <a href="http://vimeo.com">Vimeo</a>.</p>
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