“Our lives begin to end the day we become silent about things that matter.”

Martin Luther King, Jr

Showing posts with label micro loans. Show all posts
Showing posts with label micro loans. Show all posts

Wednesday, March 4, 2009

A Charity Worth Looking, At Freedom from Hunger

Freedom from Hunger remains one of my favorite charities. They do not just give food or money to people, they do so much more. They give dignity where there was none. They give chances to people who thought they had none. They give a hand to those who need support.



Founded in 1946, Freedom from Hunger brings innovative solutions and helps in the fight against chronic hunger and poverty. Freedom from Hunger is funded by a grant from Bill and Melinda Gates of $5.6 million dollars. This is only one of a handful of organizations experimenting with health care microfinancing. When looking into the impact on these loans it was discovered that people were not using the loans to grow a business, but were using the money to pay for a sick kid. In 2007 FFH started it's microfinance and health protection program at institutions in five nations and offers discount doctor visits, health care savings accounts, affordable medicines and emergency health care loans. In most cases, customers were required to attend health care classes in order to get the small business loan.

The theory is the healthier the borrowers, the better bank customers they will be. Loans will be repaid and they will come back for bigger loans making their business start ups better and their families will thrive. 15,000 families are now getting basic medical care. When doctors were first approached about offering discounted care only 7 signed up. Now there are 51.Women are attending health seminars and using health care loans to pay for eyeglasses and minor surgeries Freedom from Hunger will continue it's experiment in 2009. Think of how the money you give can impact one families life.

Here are some of the ways you can help.



Saturday, February 21, 2009

Grameen Foundation. Helping Women One Loan At A Time

The Grameen Foundation has been around since 1977 and one of the things they focus on are microloans to poor women and their families. Some of these people live on less than $1 per day. With microloans, no collateral is needed to receive loans, unlike traditional loans from banking institutions. As the money is repaid it is recycled to others and in this way loans multiply the value of each dollar in defeating world wide poverty.

Much of Grameen Foundation's work is done by a network of volunteers who are committed to the Foundation's mission. In just seven years GFUSA has a global network of 50 partners in 20 countries and has impacted an estimated 5.5 million lives in Asia, Africa, the Americas, and the Middle East.



Sunday, February 15, 2009

Screaming At The TV

Screaming at the tv, is a blogging friend of mine. I enjoy going to his site and screaming with him. We are both good screamers I think. He promote a very worth while cause, Kiva This great charity gives micro loans to people who need the money to start up a vendor program to help others in their community. Some families ask for money to buy seeds to plant and raise a crop to feed their families and to sell at market. We all know how this works and all we need now is your help to make this goal. Click on the link to see what monies are still needed to help.

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