Many Rivers Microfinance Ltd

Many Rivers Microfinance Ltd is a not-for-profit organisation that provides microenterprise development support and access to finance throughout Australia. Established in 2007, it was initially developed from a series of pilot programs by Opportunity International, a leading global microfinance institution.

Mission and Vision

Many Rivers aims to empower individuals and communities by supporting them in establishing and growing sustainable businesses. Their vision is for an Australia where everyone has access to necessary support and finance for commercial activities. They focus on assisting people who possess the ideas and skills to establish sustainable businesses but lack the required financial support.

Services Offered

• Business Mentoring: Many Rivers provides business mentoring and advisory services using local business advisers and mentors who understand the specific challenges faced by small businesses in their regions.
• Access to Finance: They facilitate access to micro and small business loans, helping entrepreneurs secure the financial resources needed to launch or grow their ventures.
• Development Support: Beyond mentoring, they assist in identifying business goals, recommending suitable business resources, and developing self-reliance in running businesses.

Geographic Reach

Many Rivers operates in several regions across Australia, with a presence in every state and territory. Their services are delivered through a combination of phone services, online services, and home and workplace visits.

Focus Areas

While serving a broad demographic, Many Rivers has a particular commitment to supporting Indigenous enterprises, working collaboratively with partners like Origin Energy to empower Indigenous communities.

Operational History

Initially launched as Many Rivers Opportunities, the organization began its operations in Grafton, NSW. It has since expanded to become a national organization, with operational offices in multiple regions.

Tax Status

Many Rivers Microfinance Ltd is endorsed as a deductible gift recipient, allowing donors to claim tax deductions for contributions made to the organization.

[1] https://manyrivers.org.au [2] https://business.gov.au/expertise-and-advice/many-rivers-microfinance-limited [3] https://www.acnc.gov.au/charity/charities/d93e1978-39af-e811-a962-000d3ad24a0d/profile [4] https://youthbusiness.org/members/many-rivers/ [5] https://www.aph.gov.au/DocumentStore.ashx?id=bc1220d8-b630-4d3e-82e0-a2316a88c74c