Thursday, April 7, 2011

Press Release:: Queen of Green financing for Social Development closes

Social Development Fund, Queen of Green FZE, has closed a project financing for 14 Social Investment Programs in UAE.

MCC-Europe is  providing private financing with inter-bank syndication through 11 European banks.
Queen of Green FZE is the first to raise $60 billion of 15 year loans for social investing from capitol that seeks a return.The interest is fixed at 1.75%.
The funds will be used to ramp up implementation of green projects to empower the poor in 70+ countries.  The loans will also be used to issue Bank guarentees for a further $150 billion of Economic Stimulus Funds offered at 55% loan to 45% grant .
The third wave funds are expected from the Forex Reserve Managers who have $5.7 trillion to invest with a fixed return.
The projects will improve the 'quality of life' for 200 million citizens.  Queen of Green developed the Foreign Empowerment Policy for the G20 which converges Foreign policy, Economic Stimulus, Poverty Alleviation and Mass Collaboration.  Queen of Green has also handled the fund raising, developed green technologies, organized the global supply chain and mobilized resources in 158 countries.
Finance Ministers from the first 12 countries to ramp up implementation have been invited to Abu Dhabi.  Funds and resources are being  invested 'bottom up' delivered directly to the communities and Managers at grassroots level with a real-time auditing system to prevent corruption.
·                          UAE will have 70 buildings transformed with Queen of Green makeovers to transfer knowledge, processes and technology.
·                          Africa will benefit from 2,166 and India with 1,333 self-sustaining, green communities co-created with orphans, widows and community stakeholders.
·                          Turkey and Bulgaria are receiving new healthcare INFOstructures with Electronic Medical Records for every citizen.
·                          KSA, Pakistan and Bangladesh will receive Social Entrepreneur training for youth and women followed by micro-finance to start their green economies.
Queen of Green focused on scale and speed as missing components of traditional Foundations and Charities who hoard 95% of their resources.  Traditional Foundations also have large overhead and fund raising costs contributing to a massive supply and demand gap.
Queen of Green operates a lean, technology-led network as a social enterprise with 95% of funds being invested the year they are received. Queen of Green has a combination of lenders, investors, sponsors and donors. No contributions are tax-deductible. Funds are provided by individuals, communities, companies and institutions who share the vision and values of the social enterprise.
Queen of Green has 're-wired the world for global good'.

Queen of Green is a global green cooperative brand,a network of green stakeholders from 29 diverse sectors who share a common goal of transforming their world. We unite 29 stakeholder groups to cooperate and collaborate to implement 14 Socialdevelopment Programs that will improve the quality of life for 200 million of the world's poor. Ambassador Hope developed the new Foreign Empowerment Policy for President Obama, Organizing for America and the G20 leaders. Ambassador Hope has developed a Social Investment Portfolio of 14 programs to empower the poor in 70+ countries. She passionately believes in empowering the talent and skills of the poorest of the poor to become green and sustainable. By integrating the development process to ensure energy, food, and health security is combined with education and micro-enterprises for economic security it is possible to mobilize millions of citizens to be the change they want to see in the world.

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