The Enterprise Loan Fund provides small loans to villagers for economic development projects, enabling farmers to buy seeds, raise chickens, or begin a community bank, for example.
What is the issue, problem, or challenge?
Through Agros microenterprise loans, families are able to grow alternative crops, increase production, and begin new work projects, leveraging their position in the market and yielding more profits. Once their loans have been repaid, they become self-sustaining owners of their land. From this land and other small business projects, they are able to generate an ongoing, stable income and provide an environment in which their family can thrive.
How will this project solve this problem?
$150 enables one family to participate in animal husbandry projects, diversify their crops, and participate in a community bank, among other activities. $4500 funds an entire Agros village.
Potential Long Term Impact
The Agros Model works to ensure economic, environmental, organizational, and social sustainability. Sustainability is not only key for the villagers themselves but for the long-term and integrated approach that addresses these issues.
Total Funding Received to Date: $5,838
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $5,838 . The original project funding goal was $4,950.