micro-finance loans for women
This summer my wife and I sent $600.00 to a United Methodist missionary in Kinshasa, DR Congo, to loan to 20 HIV positive women living together. Several women used the money to buy a sewing machine and clothe and are producing shirts, dresses and uniforms in beautiful color and design.
Another couple of women are walking out to the farm country and returning with produce to sell.
The theory is, they will pay the money back, so it can be loaned again to another small group of women, or to expand their own projects.
I'm wondering whether anyone is interested in forming a loose-knit micro-finance bank to loan money to women?
As an alternative, we could each give a few dollars to Jensine's organization, and have the Board decide who to send it to quarterly. If we all give one dollar a month, there could be up to $500.00 in a quarter, enough to give someone a hand where needed, maybe buy pencils or bandaids.
I have collected tons of information about starting and running a micro-finance bank, and how-to books from the founder of Grammen Bank.
ANYBODY INTERESTED? JENSINE WHAT DO YOU THINK?
peace and love,