September 7, 2016: FOR IMMEDIATE RELEASE
Denver, CO – Denver-based social enterprise OneSeed Expeditions announced today their 400th microfinance loan, surpassing more than $180,000 invested in entrepreneurs throughout Asia, South America, and Africa.
Founded in 2010, OneSeed Expeditions is a mountain guiding outfitter that uses that power of travel to fund small businesses around the world. OneSeed’s more than 50 local guides lead expeditions in remote regions and bucket-list destinations like Patagonia, the Himalayas, and the Serengati. OneSeed then invests 10 cents of every incoming dollar into microfinance initiatives that provide loans for local entrepreneurs.
“OneSeed has a simple mission,” says founder Chris Baker. “We explore the world and invest in people. We truly believe in the power of entrepreneurship and the hard work of individuals. We also know that access to capital is a persistent barrier to growing businesses in many of the places where we guide. We see using travel to fund entrepreneurship as a real opportunity to strengthen communities and protect some of our favorite corners of the world.”
That simple mantra has worked well for the travel start-up. In the short time since its founding, OneSeed has invested in hundreds of small businesses while expanding guiding operations to seven countries. Last year, OneSeed was recognized for their work with an award at the World Responsible Tourism Awards.
“Social impact is baked into everything we do,” says Baker. “From training young guides to supporting hard-working entrepreneurs, OneSeed works hard to make travel work for local communities.”