Our Microloans Program offers women in particular the opportunity for financial independence by starting a small business or investing the money in their farms. When they successfully repay their initial loan, women qualify for a higher loan during the next cycle.
Our Microloans process is as follows:
- Community leaders organize groups of about 25-30 members.
- Women’s groups are established and they recruit other women interested in receiving a microloan
- Each woman initially receives $100 USD (limit increases after successful repayment)
- Women use this money to start a small business or enhance an existing one
We provide ongoing training throughout the process. By building skills in farming, business basics and other competencies such as technical skills, we empower and develop the participants of the programs in an efficient and sustainable way.
The look of empowerment