Traditional Philanthropy is failing the World’s Poor. According to the World Bank and the IMF, over USD $70 Billion is spent on foreign "welfare" every year and yet global poverty is only getting worse. Grupo Financiero JAM works to reverse the trend with sustainable projects where we educate, build infrastructure, and pass on self-sustaining methods. We believe that building business works better than donations. We do more than just ‘teach a man to fish’, We build self-sustaining local businesses run by locals which helps to feed and clothe hundreds of times more people than traditional donations.
With our macro and micro-finance programs centered around agriculture and infrastructure, we lift thousands - not tens or hundreds - out of poverty. We believe that investment in the local community, the local people and local resources creates a lasting, replicable model for lifting entire populations out of poverty, and provides business opportunity for our parent company, JAM, LLC. We are committed to the individual, but the broader picture is to nurture sufficient individuals that areas and populations begin to lift the heavy burden of poverty.
We believe we can reach 3 Billion people who are our passion, as well as customers. The developing world represents a USD $5 Trillion market. Grupo Financiero JAM seeks the most effective way to tap this market, help others and save lives in the process. We want to give the world a hand up, not a hand out. We extend our hand to provide financing, education and infrastructure support, which in turn drives growth, creating a need for more development. With every cycle refresh, there is more opportunity available to the people, and more opportunity for us to extend more lending and grow our business as well. It is a true win-win situation.