<p class="NormalWeb1" style="text-align: justify; margin: 0in 0.5in 0pt; mso-pagination: none;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">Billions of dollars have been expended in foreign assistance throughout the third world, with much of this aid being provided by the not-for-profit community. While frequently effective in facilitating short-term benefits, these projects often do not improve the continuing living conditions for the residents of the community.<span style="mso-spacerun: yes;"> </span>Not-for-profits generally are in the business of short-term crisis relief; consequently, they do not have a focus on job provisions in the affected community that would increase their living standards in the long-term.<span style="mso-spacerun: yes;"> </span>Entrepreneurs, on the other hand, are in the business of job creation, which not only provides long-term benefits for the entrepreneur, but also for the entire community.<span style="mso-spacerun: yes;"> </span>Microlending, a term coined originally by Muhammad Yunus to describe very small loans made in third-world countries, has had an enormous impact on the lives of entrepreneurs, their families, and their communities.<span style="mso-spacerun: yes;"> </span>Many not-for-profits may wish to employ the techniques illustrated by Yunus and other successful microlending institutions.<span style="mso-spacerun: yes;"> </span>They may find the task overwhelming, however, without employing business professionals, whose services can be costly.<span style="mso-spacerun: yes;"> </span>For not-for-profits who might be interested in starting such a program, this paper will describe the process of microlending, articulate methods of selecting a loan recipient, and show mechanisms for documenting a microloan.</span></span></p>