Press

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 email 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 email address is being protected from spambots. You need JavaScript enabled to view it..