Microfinance is the provision of financial services to low-income clients or solidarity lending groups including consumers and the self-employed, who traditionally lack access to banking and related services (Wikipedia). In helping at-risk children and families around the globe, Children’s Emergency Relief International (CERI) strives to invest in programs that boast sustainability. Microfinance is one of the ways we accomplish this. Adhering to the adage, “Give a man a fish and he’ll eat for a day; teach a man to fish and he’ll eat for a lifetime,” CERI is not only helping hurting families in the war-ridden nation of Sri Lanka, it’s doing its part to stimulate the economy.
In a time when the global economy at large is suffering and giving down, hope for sustaining CERI’s foster care program in Sri Lanka lies in Microfinance. While the 2004 tsunami is passé in world news and a topic nations no longer wish to discuss, the children who were orphaned by the monumental disaster are still without parents. No matter how much time passes, their parents will never come home. CERI is fortunate to have loving foster families with a heart to help; only, the dire conditions in Sri Lanka make it nearly impossible for one’s family to care for themselves, much less add additional mouths to feed. Through microfinance, CERI is able to help its foster families realize self-sufficiency by equipping them to generate income for their households. Thank you for investing in the future of Sri Lanka, a nation where hope who otherwise not exist!
Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.