Share Facebook Twitter Email

Lao Weaving Artisans - Micro Credit Project

See all photos

Summary

This pilot will provide loans to women in the Vientiane Province. Using a microfinance program, SEDA will provide financial services to people whom otherwise would not have access to funds. project reportread updates from the field

How You Can Help  Help

Make a donation
gift or give a gift in honor/memory of someone

Received $1,500 from 24 donations from people like:

megadig
megadig
<i>(Anon.)</i>
(Anon.)

+

 You
YOU!
Give now to become donor #25!

Actions

Print Printer Friendly
Add to Favorites Add to Favorite Projects
Add to Registry Add to Registry
Add to Fundraiser Add to Fundraiser
Subscribe to Email Updates Subscribe to Email Updates
Subscribe to RSS Feed Subscribe to RSS Feed

Share & Save this Project

Spread the Word Spread the Word
Email Tell a Friend
Facebook Share on Facebook
Twitter Share on Twitter
Delicious Tag on del.icio.us

More Information About this Project

Project Needs and Beneficiaries

The need addressed is creating business opportunities for women who are in poor and remote villages. The members will be able to weave 15 skirts which will generate income equal to $375 USD per month. After the loan interest of $75 USD is paid to SEDA, the individual profit will be $300 USD per month. This program provides the means for these women to escape poverty.

Activities

In addition to starting a micro credit finance program this project will provide technical support, training, inspection, and quality control and assist in the marketing of the products.

Funding Information

Total Funding Received to Date: $1,500
Remaining Goal to be Funded: $50,332
Total Funding Goal: $51,832

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

Why this Project is Important

Potential Long Term Impact

This project will test the feasibility of the artisan of silk textile production funded by a micro-credit system. If successful, SEDA will convert expand the variety of loans available and expand the project to a national level.

Project Message

With little or no education and a family to support, many women in Laos struggle to feed their children and keep a roof over their heads...[this project] willcreate a brighter future.
- Souly QuachAngkham, Director/Founder

Who is Running This Project

Contact

Souly QuachAngkham
Founder
P.O.Box T469
Vientiane, Lao
Lao People's Democratic Republic
856-21-314-338
Email:

Project Sponsor

Thomas Carter

Organization

Social and Economic Developers Association (SEDA)
P.O. BOX T469 Xaysetha
Vientiane, Vientiane NA
856-21-314-338
http://seda-laos.org

Learn more about Social and Economic Developers Association (SEDA) and the project team.

Social and Economic Developers Association (SEDA)'s Funded Projects on GlobalGiving

Access to traditional healthcare for the poor
Access to traditional healthcare for the poor 		Renovate Three Elementary Schools in Laos
Renovate Three Elementary Schools in Laos 		Provide Microfinance to Disadvantaged Laos Farmers
Provide Microfinance to Disadvantaged Laos Farmers

Where this Project is Located

Country

This project is located in Lao People's Democratic RepublicLao People's Democratic Republic and can also be found under MicrofinanceMicrofinance.

For more information about Lao People's Democratic Republic, read the Human Development Report on Lao People's Democratic Republic or the Wikipedia entry for Lao People's Democratic Republic.

When this Project was Updated

Last Updated

This project was last updated on December 22, 2009.

Date Added to GlobalGiving

This project was added to the GlobalGiving project catalog on December 7, 2008

Latest Update from the Field

SEDA welcomes new members into micro-credit weaving program

By Kelly Stevenson - PR/Communication Manager, December 22, 2009 11:07 AM

“SEDA has provided me with such a great opportunity to gain not only knowledge and marketing, but also to help my family by producing my own income”- micro-credit weaving member.

We are pleased to announce that we have welcomed four more women into our textile weaving micro-credit program in recent months. This program provides disadvantaged women with the technical support, training and marketing of woven skirts, in the hope that they will generate their own income in the future.

SEDA’s Chief Executive Souly QuachAngkham spoke with these women on a recent visit, and asked if they were happy with the project.

“We are very happy! Thank you for giving is this opportunity to help our own communities”- Leader of weaving group.

Please help us to continue this important project in the future by donating at:

http://www.globalgiving.com/projects/lao-weaving-artisans-micro-credit-project/

Want to support this project's continued work? give now

Read 5 more "Updates from the Field" Subscribe to Email Update Subscribe to "Updates from the Field" by E-Mail Subscribe to RSS Subscribe to RSS Feed

Was this report valuable...
vote divider
Loading...
Tell us why (your comments may be shared publicly).
Rules for Comments 
Comments

How Else You Can Help

Share and Save

Email Tell a Friend
Facebook Share on Facebook
Twitter Share on Twitter
Delicious Tag on del.icio.us
Digg Digg It!
Google Add to Google Bookmarks
Yahoo! Add to Yahoo! Bookmarks
Reddit Reddit

Spread the Word on your Profile, Blog, or Website

Put a widget for this project on your profile, blog or website to turn your friends into givers. Using our widget, it's quick and easy to add this widget to your profile or blog!

get this widget