Troy Container Line Introduces Microlending

Troy Container Line Introduces Microlending

April 26, 2012

Troy Container Line, one of the world’s largest NVOCCs, today announced a new micro-lending initiative that is an integral part of the company’s already strong corporate giving program.   Under the guidance of Troy Container Line chairman and founder Michael Cadden Troy and Jennifer Troy, the international shipping company is allocating a portion of its revenues to fund interest-free microloans through the non-profit organization Kiva.

Troy Container Line’s microloans aim to support an ever-growing global entrepreneurship movement.  Through Kiva, the NVOCC will provide much-needed financial assistance to individuals all over the world who are often overlooked by traditional lending institutions.

“Troy Container Line is excited to align itself with Kiva.  Its micro-lending model is business savvy and results-driven.  We hope our contributions will inspire entrepreneurs in emerging markets to achieve their goals, both personally and professionally,” commented Michael Cadden Troy.

Through Kiva, Troy Container Line is able to select loan beneficiaries and agree to a timeline for loan repayment.  Attracted to the model’s ability to maximize impact, Troy Container Line’s loan funds can be repurposed for future lending.

To learn more about Troy Container Line and its micro-loan program, please visit www.TroyLines.com or call 1-800-331-0058.  For more information about Kiva, please visit www.Kiva.org.

About Troy Container Line
Founded in 1984 as a Non-Vessel Operating Common Carrier, Troy has become one of the largest companies in its industry.  From 20 strategically placed warehouses, Troy Container Line serves the needs of more than 2,000 customers with 700 destinations on six continents.  Since inception, founder Michael Troy realized his NVOCC could provide individual shippers with better service than the standard steamship lines.  For the past twenty-seven years, this has become the driving force behind every facet of Troy Container Line’s operations.  This is exemplified in the company’s mission statement, which is to provide the ultimate in personalized customer service.  Please visit www.TroyLines.com or call 1-800-331-0058 for additional information