Friday, February 12, 2010

The Tory Burch Foundation: Where Fashion Meets Social Responsibility


"The Tory Burch Foundation is a non-profit organization that provides economic opportunity to women and their families in the United States". Tory launched her foundation in 2008 with the goal providing women with financial tools in order to improve their lives. Drawing on her own experiences as a mother and entrepreneur, Tory believes in creating change by economically empowering women. "The Tory Burch Foundation’s first partner, ACCION USA, provides the loans and financial services small business people need to succeed. ACCION USA is a leading micro lender in the United States, having provided loans from $500 to $50,000 to more than 11,000 small businesses nationwide. ACCION USA serves low-to-moderate income clients; 40% are women and more than 80% are minorities. Since its 1991 founding, ACCION USA has proven that low-income and small business clients historically repay these vital loans at an impressive 92%, representing countless inspiring success stories".

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