Business Revenue Generating Loans for 14 villages

The Alliance has provided 400 loans for individuals and villages since 1995—totaling approximately $135,000. 91% of all loans have been repaid or are current! Last year the Alliance funded $16,000 in new village loans. The villages of Simidji, Famana, Sena, and Tentoukoro each received $4,000 for new micro-loan...

Dear Global Givers, The holiday season is a time to give thanks for all that we have . . . and a time to give help to those who are less fortunate than we are.  While we enjoy our holiday feasts, rural Malians fight against disease, poverty, illiteracy, and long odds to prosper or even to survive.  According to...

Since 2004, the Alliance has provided $68,400 USD in capital for village loans. Since then, the capital has brought a positive return that has allowed us to loan a total of $134,868 USD to village communities; 91% of all loans have been repaid or are current.   In one specific case, the village of Dialakoro...

To address the longstanding economic hardships in Mali, the Alliance’s economic development initiatives began in 1995 when small individual loans were offered to villagers in the town of Ouelessebougou. After the Alliance had provided these loans for several years, (aiding tailors, veterinarians, restaurateurs, etc.)...

Starting October 12, GlobalGiving is matching all donations at 30%, 40%, or 50%.  If you've been waiting for the best moment to donate to one of our projects on Global Giving, now is the best time ever. This is how the match percentage program works: Donation Percentage Match$10 -...

This year, village loans were provided to four villages, totaling over $16,000. Each village Economic Development Committee received one-on-one training to create a business plan. The four villages who received new loans decided to divide their approximately $4,000 loan to provide micro-loans for individual villagers....

This year has been a dynamic one for our loan program. We always seek to work hand-in-hand with villagers to determine the best way we can help them to help themselves. This year, we learned from villagers that they want to break up their village loans into micro-loans for individual villagers. These loans are used to...

Village loan projects are bringing about stability and financial security in the villages around Ouelessebougou, Mali. Our economic development team traveled to Mali in October, 2008 to visit the villages. We found that of the more than $100,000 in loans that we have given to villages, we have a 95% repayment rate! ...

Five successful village loan projects were repaid in 2006, allowing the Alliance to reissue all five loans to new villages. The Alliance was also able to extend two more loans this year. The new villages have chosen to use their funding for fiber, grain bank and fertilizer projects. The quality of business training...