Volunteer in Microfinance Projects Abroad

Back to Programs

A Guide to Microfinance Volunteer Programs Abroad

As the world changes from an agrarian society to one where business and ingenuity reign supreme, microfinance programs have become a vital resource for families in developing nations. Many small companies in countries around the world are facing financial struggles, and microcredit loans are literally a life-saver for many, helping businesses survive and making an ethical impact on the way the world works. Microfinance volunteers will learn financial management basics, the global impacts of microcredit programs, and score valuable experience in the field of business, all while traveling abroad and making new personal, meaningful connections.

Why Volunteer Abroad

Nearly half of the world’s population lives in poverty, with children making up nearly one third of that group. Organizations that provide microcredit loans seek to help families in poverty become self-sufficient and able to provide for themselves and their children, long after the loan has been repaid.

Low-income families often lack the credit history or collateral needed to take out essential loans to increase their income or develop a sustainable livelihood. By volunteering abroad and assisting organizations that support microcredit programs, you will be taking a big step toward helping the world become a better place to live for thousands of families, while also helping individuals achieve their dreams.

Microfinance volunteer programs will give individuals the chance to learn the ins-and-outs of microfinancing on an international level, which means they will become more knowledgeable about international business practices and more open-minded and innovative when it comes to business development too. Microcredit volunteer opportunities will not only allow you to help locals learn how to develop a productive livelihood, it will also expose you to new business philosophies and experiences that will be useful in your career.


We no longer live in a world where hard work and passion are enough to make a business thrive. Therefore, microcredit programs and organizations that support microfinance initiatives seek to support small business development and the overall economic growth of specific cities or regions. Due to the recent popularity of microcredit programs and the positive results of small business loans, the microcredit industry has grown substantially in the past few decades, which means microfinance volunteers are welcomed in many countries around the world.

Microcredit loans first rose to popularity in Asia, so naturally, it’s a favored destination for microfinance volunteer programs. Volunteering in India, where money from private donors often helps local people establish or refurbish their farms to become profitable again, is an eye-opening experience. The Philippines and Cambodia are other popular destinations for microcredit volunteer programs, as they are countries where the large tourism industry often dwarfs small business attempts.

In Central America and South America, microcredit loan organizations operate mainly in subsets of larger cities, especially where significant slums exist. In these areas, microcredit volunteers work to come up with worthwhile projects to fund to help develop the local economy and employ the unemployed. Nicaragua is unfortunately home to large population of rural poor, which means there are many potential microfinancing opportunities worth exploring in rural areas, especially ones that support women.

There are many well-known organizations and ongoing microfinancing projects in Africa, such as the company that hires African women to make beads out of recyclables. More specifically, those who volunteer in Ghana will be exposed to creative people with big ideas about how to share art, music, and food with the world at large.

Microcredit Volunteer Opportunities

Your microfinance volunteer placement will differ depending on the organization you work with, your finance experience, and the location you choose. Volunteers, no matter their experience level, will likely have the opportunity to meet with and work with locals who will be the recipients of microcredit loans. Participating in microfinance volunteer programs will no doubt give volunteers the opportunity of a lifetime to step back from their own lives and gain a more accurate perspective of what poverty looks like in the real world.

Volunteers without experience in related fields will often be placed in internship-like roles, which will entail them observing supervisors actions as well as managing lower level tasks, such as paperwork or client or partner communications. In almost any type of microfinance volunteer program, volunteers will be able to see, first hand, the direct impact that microfinance loans have on local families and communities.

If you have a degree in business or finance and are interested in microcredit programs, your skills are in high demand abroad! Whether for a long or short period, it is possible for professionals in the field to manage their own projects, oversee the loan transactions, and track the progress or success of microfinance programs as well as develop future financial plans.

GoAbroad Insider Tips

Make an Impact. For millions around the world, microcredit loans are an incredible opportunity to get out of poverty and develop a sustainable livelihood for their families. Each loan you help with will make an impact on the life of someone in your host country, which makes microcredit volunteer opportunities all the more rewarding.

Personal Perspective. While in school or working domestically, it’s easy to forget that money in the Western world is viewed very differently than in other countries. Half of the world lives on less than $2.50 a day, and volunteering abroad is the most emotionally gripping way to gain perspective on what money means to people dealing with poverty daily.

First-hand Finance. Microcredit programs are often praised as having the potential to end poverty, by allowing people to become self-sufficient. Hearing this and seeing this are two very different things. It is truly impressive to see the change a small amount of loaned money can make on a business, a farm, a family, or even an entire community.

Read More

written by:

A Guide To
Microfinance Volunteer Programs Abroad


 Find Microfinance Volunteer Programs Abroad Now


This listing has been saved 8 times

Incredible Volunteering in Cusco: Costs from USD320!

International Volunteer HQ's partner organization in Cusco - Peru requires volunteers NOW! IVHQ has a wide range of volunteering opportunities available in jungle conservation, teaching English, childcare work, medical work, construction and renovation work in the ancient Peruvian city of Cusco and surrounding valleys. * Teaching English Cusco is the tourism capital of South American and th...


This listing has been saved 26 times

South Africa - Cape Town Community Projects

Meet the amazing people who call the settlements surrounding Cape Town home. By joining this project, you will get to make a real difference in the community and in the lives of the children, adults and families living in the area through a variety of ways. The residents of the community are looking to improve their lives and that is exactly the aim of this project. Plus, the project is flex...


This listing has been saved 324 times

Volunteer Abroad & Make a REAL Difference - From US$175!

Find our Why More and More People are Choosing to Become a Love Volunteer! Love Volunteers is the most affordable way to volunteer and help local communities in developing countries! Why are we cheaper than other organisations? Firstly, we are just a handful of passionate people working hard to help volunteers and local communities around the world. We don't have huge overheads - no company ...


This listing has been saved 4 times

Women's Empowerment Project in Cape Town

Although gender equality has come a long way for women from disadvantaged communities in South Africa, there is still quite a lot that needs to be done to ensure women have equal opportunities and skills to participate actively and effectively in South Africa economy. In the traditional township and rural culture, gender discrimination stems from patriarchal cultural and religious beliefs. ...


This listing has been saved 2 times

Building in Jamaica with Projects Abroad

Projects Abroad is one of the largest volunteer organization in the world, sending 10,000 volunteers abroad each year. Founded in 1992, we are now actively working in 30 different developing countries. The Building project in Jamaica focuses on community development as well as improving the building construction to lessen the impact of hurricanes. Volunteers typically take part in repairing ...


This listing has been saved 1 time

Micro-finance in Peru

Volunteer in Peru and support poor local people by volunteering on this mirco-finance project in Cusco. Micro-finance is an important means for people who are unable to access small loans to borrow money to help them to develop their small businesses. These loans help these people grow their businesses and earn a little more income to support their families. Many of these small businesses are ...


This listing has been saved 16 times

Volunteer in Barcelona with Connect-123!

Work as a Connect-123 volunteer in one of the many non-profits, clinics, hospitals and schools we work with in Barcelona. There are a range of different areas to choose from where you can apply your specific set of skills to projects that are important to you. Areas of opportunity include education, conservation, health care, microfinance and community development and many more. Tell us your ma...


This listing has been saved 21 times

Volunteer in the Philippines!

Like any third world country, the Philippines suffers from diseases due to poor hygiene and sanitation brought about by poor awareness programs. This is one of the major issues the country needs to face, and come up with solutions to. A lot of people in rural areas cannot afford to pay for medicines and regular medical check-ups. Volunteer for the Visayans is reaching out to those in need of...


This listing has been saved 20 times

Community Development Projects in Uganda

Work with an international community development volunteer project in Uganda. Participants work with a grassroots community-based organization focused on improving the quality of life through a wide variety of community development initiatives, including adult education programs, income-generation activities, such as poultry and livestock rearing, HIV/AIDS education, construction projects, and ...


This listing has been saved 9 times

Holistic Community Development in Uganda

The Real Uganda needs volunteers to assist our partners with a variety of empowering community-based activities. Volunteers split their time between these locally requested interventions: Public health and clinical work: Volunteers work in rural clinics providing testing, treatment, and counseling services, and prevention education. Nutrition and vegetable gardening, and community sanitation...


This listing has been saved 9 times

Volunteer in Ghana. You Can Make a Difference!

On the west coast of Africa lies a beautiful country with expanses of wilderness and coastline: Ghana, meaning "Warrior King," is a place known for its warm national character, where visitors are always welcomed as friends. Above all, the Ghanaians are peaceful, caring, and hospitable. Volunteer with Cross-Cultural Solutions and you'll experience not only the great things Ghana is famous for, ...


ISA Service-Learning in Microfinance

Explore socially-conscious business practices can change the world with ISA Service-Learning. Participants will contribute to the efforts of local organizations working to provide vocational and financial tools and services to low-income individuals and small businesses. This is an excellent opportunity gain an insight into microfinance and local economic development.


This listing has been saved 54 times

International Internships & Volunteer Programs in Colombia

The Intern Group is the leading provider of internship programs in the emerging market of Colombia! We provide international students with internships in top private companies, NGOs and state ministries. Our programs are regularly featured on CNN International and other mainstream media. Apply now for a wonderful experience and propel your professional development! Develop your Spanish langu...


This listing has been saved 1 time

Business Placements in Oaxaca, Mexico with Adelante Abroad

An internship in International Business will enable candidates to gain both business and international experience while in Oaxaca. Examples of business related internships are accounting, business (social and economical) development, and graph design. These programs promote the cultivation and consumption of an ancient grain grown in abundance in Oaxaca (amaranth) as a way to improve health....