Press

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THE STAR - Racing to empower the poor through small loans

THE STAR - April 2010. Racing to empower the poor through small loans.

Businessman Steven Funk uses his hobby, rally driving, to educate people on the importance of using credit to boost business.

Click to download the newspaper PDF below:
The Star - Racing to empower the poor through small loans

 
Blog Media


Rally Driver Speaks Out on Race To Erase Poverty from the Planet ...

 A RACE TO PROSPERITY for those that need it most.

 

WHAT: INTERVIEW AVAILABILITIES RACE4CHANGE & EAST AFRICAN SAFARI CLASSIC.
PR Hub - http://blog.taragana.com/pr/
[ More results from PR Hub ]

Rally Driver Speaks Out on Race To Erase Poverty from the Planet ...

NEW YORK and NAIROBI, Kenya, November 18 /PRNewswire/ — Race4Change(www.race4change.org) is a highly charged campaign to rev up the race to end poverty on the planet through microfinance. Our mission is to drive a movement amongst road ...
Database of Press Releases related to Africa - http://appablog.wordpress.com/

Race 4 Change to promote microfinance | Microfinance News

10 Nov 2009 by Microfinance Focus  
Microfinance Focus, Nov. 10, 2009: Travis Pastrana, Rally legend and nine-time X games Gold Medalist , has entered his endorsement of car #20,
Microfinance Focus News - http://www.microfinancefocus.com/news/ - References
[ More results from Microfinance Focus News ]

The Rally Blog » Pastrana supports Race 4 Change

9 Nov 2009 by mrwatkins83  
Subaru Rally Team USA's Travis Pastrana has endorsed the upcoming Race 4 Change at the East African Safari Rally Classic. The event, which takes place in the last week of November, is aimed at eliminating global poverty through ...
The Rally Blog - http://www.therallyblog.com/
[ More results from The Rally Blog ]

Race4Change – Be a rally car driver…from the comfort of your own home

10 Nov 2009 by sabsingh  
Travis Pastrana, one of the great action sports athletes in the world, recently added his name to those supporting Race4Change, an effort that hopes to raise awareness and funds for microcredit/microfinance initiatives. ...
The Bright Side of the World of Sports - http://sportsdoinggood.wordpress.com/

Travis Pastrana Joins Race 4 Change in Drive to End Poverty ...

9 Nov 2009 by admin  
Travis Pastrana Joins Race 4 Change in Drive to End Poverty! Earthtimes (press release) The Kenyan Government and many supporters have now united together in an effort to restore the Rally's rightful WRC status. … and more » ...
Motorsport Maniacs - http://motorsportmaniacs.com/

Dubai's Nightline with James Piecowye: Steven Funk talking about ...

17 Nov 2009 by James Piecowye  
Race4Change is racing to save the lives of those children. 100% of money raised will benefit Kenya-based Jamii Bora Trust, an innovative, world-renowned microfinance institution, and the Microcredit Summit Campaign, a global campaign to ...
Dubai's Nightline with James Piecowye - http://dubainightline.blogspot.com/
[ More results from Dubai's Nightline with James Piecowye ]

Travis Pastrana Joins Race 4 Change in Drive to End Poverty!

9 Nov 2009 by admin  
NEW YORK, Nov. 9 /PRNewswire-USNewswire/ — Nine-time X Games Gold Medalist and Rally legend,. More: Travis Pastrana Joins Race 4 Change in Drive to End Poverty!
Reno Blog - http://directoryofreno.com/blog/

www.race4change.org

16 Nov 2009 by James Piecowye  
The UAE's Best Talk Radio. www.race4change.org. Clean. Send to Friends | Leave a Comment | Download | Permalink. November 16, 2009 11:42 PM PST. Dr. Steven Funk on a unique way to bring change and stimulate micro finance in Africa. ...
Nightline with JAMES - http://jamescast.podomatic.com/

PLNU Microfinance Club: Race4Change with the Microcredit Summit ...

19 Sep 2009 by PLNU Microfinance Club  
The Microcredit Summit Campaign is hosting an on and offline Twitter mixer September 23 to bring attention to the Race4Change, a November road race that will raise funds for Jamii Bora Bank in Kenya. ...
PLNU Microfinance Club - http://plnumicrofinanceclub.blogspot.com/
[ More results from PLNU Microfinance Club ]

 
Race4Change and Jamii Bora Press conference in Nairobi, Kenya

 

WHEN: Monday, November 16, 2009, 10AM Nairobi time

 

WHERE:  Serena Hotel – For more information please contact: Denise Hughes at +1-917-549-2621 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

WHAT: PRESS CONFERENCE TO KICK OFF RACE 4 CHANGE & EAST AFRICAN SAFARI CLASSIC

Race4Change (www.race4change.org) is a highly charged campaign to rev up the race to end poverty on this planet through microfinance.  Our mission is to drive a movement amongst road, rally, sports enthusiasts, and socially responsible people and organizations to move masses of people to make change happen.  We are racing towards a revolution that will unleash economic and creative innovation in the lives of millions powered by the engine of microfinance. It is a vital poverty fighting tool that improves healthcare, education, and the environment and moves the world from conflict and need to peace and prosperity.  Smalls microloans are creating great change. Micro-entrepreneurs are empowered socially, economically and filled with dignity.  They repay their loans with interest, which allows microfinance to re-lend and reach even more people.   

Race4Change donates all of the money they receive to two of the world’s most important poverty fighting machines, the Microcredit Summit Campaign (www.microcreditsummit.org) and the Kenyan Microfinance program Jamii Bora. (www.jamiibora.org)

 

Who

Dr. Steven Funk, racecar driver, successful private equity investor, built three operat­ing businesses over a 20 year period, Cana­dian Maple Leaf Funds, Imperial Parking, and the CBD office commercial real estate business, Aspen Properties, each becoming one of the largest in their sectors. Steven is a founder of the Dignity Fund, chair of the Advisory Board of the Microcredit Summit Campaign, and a microfinance expert.

Jean-Louis Juchault, racecar driver, co-founder and former CEO, of billion-dollar hedge fund Systeia Capital Management  

Ingrid Munro is Kenyan Microfinance Institution, Jamii Bora, Founder and a Micro­finance ECO-Pioneer.  She has built the first African Microfinance ECO-Village just 36 km outside of Nairobi called Kaputiei. Jamii Bora was started ten years ago and in that time has reached more than 250,000 Kenyans with access to opportunity through microloans, life insurance, health insurance, Jamii Bora Business Academy, counseling for those in need, and a chance to own a home in a safe, clean new eco-community.  People travel from all over the world to learn more about the innovations Jamii Bora is bringing to microfinance and the fight against poverty.

 

Why

25,000 children die everyday from poverty. (UNICEF).  Race 4 Change is racing to save the lives of those children.  100% of the money raised will benefit the Kenyan Microfinance Institution, Jamii Bora Trust, one of the fastest microfinance programs in Kenya and the upcoming Africa-Middle East Region Microcredit Summit a meeting being held next April in Kenya.  The meeting is being organized by the U.S. based Microcredit Summit Campaign.  The Campaign brings together microcredit practitioners, advocates, educational institutions, donor agencies, international financial institutions, non-governmental organizations and others involved with microcredit to promote best practices in the field, to stimulate the interchanging of knowledge, and to work towards reaching its poverty fighting goals. 

Nine-time X Games Gold Medalist and Rally legend, Travis Pastrana, recently joined Race4Change in the race to erase poverty from the planet.  He is ahead of the pack of world famous racers and is working with Race4Change to raise the public profile of microfinance as a unique tool in the fight against poverty.  Pastrana is a living legend when it comes to performance motor sports and says, “Having been fortunate enough to travel to far off places, I’ve seen poverty firsthand and am glad to be able to lend a hand in the crusade to end it. What I do is sometimes considered dangerous, but let me tell you that there is nothing more dangerous to an individual, a country, or our world than poverty.”

Pastrana, who is already a Rally Racing Champ in America, has entered his endorsement of car #20, Race4Change (www.race4change.org), in the East African Safari Classic - one of the toughest rallies in the world.


Speakers
 
Steven Funk, Race4Change
 
Ingrid Munro, Founder and Managing Trustee Jamii Bora Trust
Chair of the Host organizing committee for the Africa-Middle East Regional Microcredit Summit 7-10 April 2010
 
Microfinance clients

Lydia Koros, Managing Director Faulu
Chair of Association of Micro Finance Institutions AMFI

 

Subject
1. Introducing Race4Change its purpose, targets and the event just ahead - the East Africa Safari rally
2. Introducing the Africa-Middle East Microcredit summit to be held 7-10 April 2010 in Nairobi and why Race for Change is supporting this major African event
 

Press inquires: Please contact Denise Hughes This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 
Travis Pastrana Joins Race4Change in Drive to...

 

For more information contact:

                                                                                                                                                                                          Denise Hughes @ +1.917.549.2621

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

FOR IMMEDIATE RELEASE:

 

Travis Pastrana Joins Race 4 Change in Drive to End Poverty!

November 9, 2009, New York, New York—Nine-time X Games Gold Medalist and Rally legend, Travis Pastrana, is ready to rev up the movement to race to end poverty on this planet. Pastrana, who is already a Rally Racing Champ in America, has entered his endorsement of car #20, Race4Change (www.race4change.org), in the East African Safari Classic - one of the toughest rallies in the world.  He joins the efforts of Race4Change in raising awareness, on an international level, about microcredit and is encouraging people to donate money to two of the worlds leading poverty fighting organizations the Microcredit Summit Campaign (www.microcreditsummit.org) and the on-the-ground Kenyan microfinance legend, Jamii Bora, lead by microfinance eco-pioneer Ingrid Munro. 

 

 Microfinance is one of the most powerful tools being used to fight poverty. It is finding greater support as a viable, ethical, and socially responsible business model serving the very poor.  Since the birth of the movement in the 1970s many poor families have moved across the poverty line proving microfinance to be one of the greatest innovations for social good ever conceived!
 
Microfinance continues to surge as a massive movement to increase human dignity by providing a tangible means for more than 100 million of the world's poorest families to empower themselves economically. With access to financial services they couldn't get anywhere else, the poorest of the poor have proven themselves to be some of the most creditworthy entrepreneurs in life. 

"We couldn't be more pumped up to have Pastrana join us in our efforts to promote Microcredit," said Steven Funk, an American-born Canadian, founder of Race4Change, Co-Founder of the Dignity Fund, and Chair of the Advisory Board to the Microcredit Summit Campaign.  “Our mission is to drive a movement amongst road, rally, sports enthusiasts, and socially responsible people and organizations so that masses of people can unite, individually, to make change happen.  We are racing towards a revolution that will unleash economic and creative innovation in the lives of millions powered by the engine of microfinance. It is a vital poverty fighting tool that improves healthcare, education, and the environment and moves the world from conflict and need to a more secure place of peace and prosperity.  The prosperity brought by just a $45 loan is profound.  Micro-entrepreneurs are empowered socially, economically and filled with dignity, one of the most powerful and rewarding human emotions.  Better still, they repay their loans with interest, which allows microfinance to re-lend and be the gift that keeps on giving.” As President Barak Obama has so aptly said, “change comes from the bottom up.”  Funk is a co-driver of car #20 in the race.

Pastrana is a living legend when it comes to performance motor sports and we've all seen his fearlessness on his MTV show, Nitro Circus. He lives life to the fullest, planning to set a new world record for a car jump on New Year’s Eve and says, “having been fortunate enough to travel to far off places, I’ve seen poverty firsthand and am glad to be able to lend a hand in the crusade to end it. What I do is sometimes considered dangerous, but let me tell you that there is nothing more dangerous to an individual, a country, or our world than poverty.”

 

“I can't think of a more perfect superstar for this race and this cause,” says Funk. "His involvement will drive awareness among a younger generation, showing our youth that they collectively have the opportunity to do something HUGE right now – they can lead our children to only know poverty by studying it in history books."

 

This rally event was first held from May to June, 1953 as a celebration of the coronation of Queen Elizabeth II on terrain through Kenya, Uganda and Tanganyika. It was later renamed the East African Safari Rally. The event was part of the World Rally Championship (WRC) calendar for many years.  The Kenyan Government and many supporters have now united together in an effort to restore the Rally's rightful WRC status.  

 

With such tremendous philanthropic involvement from fresh supporters like Race4Change and Travis Pastrana, the Kenyan government and its people stand to benefit significantly from the positive attention that will accompany such a highly charged race and cause. The race sets the stage for the April 2010 Microcredit Summit being hosted in Nairobi.

 

Top supporters of Race4Change have the opportunity to win two fully paid round trip tickets to Kenya, with lodging and Microcredit Summit VIP tickets.   The Summit has been described as the "Davos" of the movement and will bring several thousand advocates, supporters, and dignitaries from more than 60 countries, including Nobel Peace Prize Laureate and Presidential Medal of Freedom recipient, Dr. Muhammad Yunus, the Queen of Spain, Queen Rania of Jordon, and many more longtime microfinance advocates to Kenya in April of 2010. Maybe even an American President will bestow dignity to the impoverished with an appearance.

 

Join www.race4change.org today as a co-driver, a pit crew member and a supporter of microfinance as this world class Rally runs over American Thanksgiving and help race for the end of poverty.  Give a little of your support and thanks and rally together as a force to make a positive impact in the lives of hundreds of millions of the world’s poorest families.  Create a better world.

####

 

 

 
USAID MicroLINKS: Race4Change

Race4Change - Racing for the End of Poverty

Date Posted: October 30, 2009
 
A team consisting of Dr. Steven Funk and Jean-Louis Juchalt will participate in the 2009 East African Safari Rally from November 22 - December 1, 2009 to bring attention to the Africa-Middle East Regional Microcredit Summit to be held April 7-10, 2010 in Nairobi, Kenya.  They also aim to bring support to Jamii Bora Trust and the Microcredit Summit Campaign. The Race4Change website allows participants to register as co-drivers, build pit crew teams and raise funds for the cause. The individual co-driver garnering the greatest number of points in their Race4Change involvement will be rewarded with two round trip airfares to Kenya in April of 2010 to coincide with the 2010 Microcredit Summit in Africa. The prize winner will also be granted hotel accommodations, two fully paid VIP registrations to the Summit, and an up close and personal tour of Jamii Bora. More prizes will be announced in coming days for leading co-drivers and a special award for the winning pit crew.  Visit the Race4Change website to learn more about this race for the end of poverty.  

Read the original article at the MicroLINKS website:
http://www.microlinks.org/ev.php?ID=6783_201&ID2=DO_TOPIC

 
Sarah McLachlan and Peter Buffet voice support

Sarah McLachlan and Peter Buffet join Steven C. Funk in their support of Race4Change!

 
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