Shoe designer Christian Louboutin is releasing a limited edition shoe to benefit ‘microfinance’ which helps to provide the poor with financial help to start and run their own businesses.
Louboutin produced just 33 pairs of a design called ‘Peace of Shoe’, a classic peep-toe platform covered in silk satin and trimmed with hand-stitched and embroidered Indian ribbon.
The shoes are numbered and signed by Louboutin and retail at $1,495 in three selected US stores. Louboutin was inspired by the book “Creating a World Without Poverty,” written by Muhammad Yunus, Nobel Prize winner and founder of Grameen Bank and Grameen Foundation, a microfinance group.
“When I read this book, I fell in love with this wonderful man — his ideas and his ideals,” said Louboutin.
All profits from the sale of the shoes will benefit microfinance – Louboutin’s charity of choice is the Grameen Foundation.