 | |
| Founded | March 2007 |
|---|---|
| Founder | Casey Wilson Courtney McColgan |
| Focus | Economic development |
| Location | |
Area served | China |
| Method | Microcredit |
Key people | Casey Wilson (chief executive officer) |
| Website | www.wokai.org |
Wokai was an organization that allowed people to contribute directly to microfinance institutions in China, which in turn lend the money to entrepreneurs in rural China.[1][2] It was a 501(c)(3) non-profit organization based in Oakland, California, with core operations in Beijing, supported by individual donors, corporate sponsors, fundraising events and grants.[3] As of May 2012, Wokai concluded operations due to funding roadblocks and the need for a new CEO.[4]
- ^ Tiny loans, big difference at Bay Area Web site
- ^ "Role-reversal: Americans provide loans to Chinese - World Blog - msnbc.com"
- ^ "About" on Wokai.org
- ^ "Wokai - Microfinance in China". en.wokai.org. Archived from the original on 2012-05-02.