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Giving a loan (often called “microcredit") for families to launch small enterprises has proven to be a successful strategy in earning income. more Your gift will leverage $1000 in microloans. This could be used by a seamstress in Bolivia, allowing her to buy a sewing machine and materials to start a business that creates two additional jobs and livelihood for three households. more Your gift will provide a loan for one woman to start a fruit stand at her local market, giving her a way to break through poverty, gain self-confidence and expand job opportunities in her community. Microfinance is one of the most powerful solutions to poverty in existence today. more A $250 loan could allow a client to buy a commercial tortilla press to launch a business selling tortillas. Items such as the tortilla press allow women to work faster and produce more. This initial investment enables women earn more in less time. more With a $100 loan, a Haitian woman can rent a market stall and increase her income two-fold. And you're providing a self-employment loan, not a gift. Your donation will build discipline, responsibility, and self-confidence as women create their own business. more Microentrepreneurs need equipment to enable their businesses to succeed. Whether it's a bicycle repair shop, a tire repair business, or a textile manufacturer, owners need to invest in machinery and tools to make their businesses run efficiently and grow. more With $225, a woman can start a bakery in India and support her family as a widow. Mary, a 45 year-old widow, was only educated up until primary school. When she lost her husband, she was left with few options to earn a living. Working as a laborer in a bakery unit, she could hardly make ends meet. more Your gift will be used to teach a group of approximately 100 people financial literacy. This service is provided through Fundefir’s communal banks, and is oriented to teach the poor how to most efficiently use and invest their money to improve their financial opportunities. more Added income from a $50 loan can help a Tanzanian mother expand her business and feed her children more nutritious food.. And you're providing a self-employment loan, not a gift. Your donation will build discipline, responsibility, and self-confidence as women create their own business. more Recognizing that women worldwide are the engines of advancement for their families, Mercy Corps invests in the small businesses of female entrepreneurs. more With $98, a woman can start a paper maché business and find the strength to recover from a personal tragedy. more With a loan of $50, a client could buy bags of rice and cereal grains to sell in the market. Then the client can use the profits from selling the grains to buy more inventory, improve their home, and to hire an assistant. more |