“I have been active in the financial markets for more than 20 years as an equity and bond trader. After the crisis of 2008, where my employer went bust, I steered my career towards private banking. This was a major change in my life and after many years of just growing the balance sheet of wealthy people I knew the time had come, I had to act and find out how I could help.
I wanted to contribute in a social manner, but not just by “giving away” my money, I wanted to empower people, privilege education, encourage entrepreneurship, allow people who have no access to regular banking services to be able to get a fresh start or make their dreams come alive. If this could be done in a sustainable way, with a little yield and a certain security for the investor, this would be perfect. This is where LMDF came in, offering the possibility of supporting the poor financially, giving a regular decent yield, partly guaranteed by the Luxemburgish State and the priceless feeling…Philanthropy.”
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