AIESEC Helps Student Launch Micro-Financing Project Through Exchange

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By: Jason Kung
Reposted with permission from AIESEC Concordia’s blog

 

MONTREAL, QC — 07/21/15 — AIESEC, a student organization that aims to develop youth leadership and core entrepreneurial competencies through international internships, announced today that it will provide a Concordia University student the opportunity to launch her own micro-financing project.

 

In January 2015, Rebecca Paris, a fourth-year political science student, joined the local organization, AIESEC. Among the many portfolios such as, Marketing & Communications and Talent Management, she chose the unfamiliar field of Finance. Paris had always dreamed of opening her own micro-financing project because, “It’s the most sustainable and humane poverty alleviation method.”

 

Between her general ledger entries and bank reconciliation tasks at AIESEC, she developed a strong sense of financial proficiency and it reinforced her drive to launch her micro-financing project

If students each loaned $10, $50 or $100 to entrepreneurs in developing countries,” Paris says, “not only will the students be repaid and will the business grow exponentially, we can improve communities’ living standards and alleviate poverty.

AIESEC is the world’s largest student-run non-profit organization, working on a two-fold operational system where Canadian students are provided the opportunity to experience internships abroad while they also bring in international AIESEC talent to work locally in Canada.

 

Currently, Paris has taken an AIESEC internship abroad at the Microfinance and Community Development Institute (MACDI) in Hanoi, Vietnam which echoes her personal project’s mission. With plans of launching her own micro-financing project when she returns to Montréal, she teases, “I’d still be internet creeping micro-financing projects from my room right now if it wasn’t for AIESEC.”

 

“In February,  Alan Shepard discussed the importance of becoming engaged global citizens and AIESEC Concordia has been working together to do just that.” says Bersabel Behonegne, Local Committee President of AIESEC Concordia 2015. “We’re happy that we can help turn people’s ambitions into realities.”

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