Microfinance for marginalized communities, Mexico

 
$33,677
$6,323
Raised
Remaining
Jul 7, 2011

June Update Report - Sowing Seeds for Success!

Women putting new skills to work
Women putting new skills to work

In June our microfinance project grew to reach even more Mexican communities in need!

Until now, we have been implementing our microfinance project in the states of Hidalgo and Oaxaca. We are pleased to say that over the course of June, we expanded the project to three new communities in Michoacán and one in Puebla as well. We are very excited to bring our microfinance workshops to participants in new communities, and expect that it will be a great experience for all!

Also in June, we continued to run marketing and business administration workshops in the communities in Oaxaca and Hidalgo. As a result of these workshops participants are putting their new knowledge to use to help their different businesses grow. They continue to strengthen their business skills and financial independence, sowing the seeds for future success. They also continue to save in the community banks, providing loans for new businesses. This saving and loans cycle reinforces community integration and support.

Your continued support enables these individuals, their businesses, and their communities to flourish. Thank you!

New to the monthly field reports? See below for previous monthly updates and an overview of the program thus far!

In June our microfinance project grew to reach even more Mexican communities in need!

Until now, we have been implementing our microfinance project in the states of Hidalgo and Oaxaca. We are pleased to say that over the course of June, we expanded the project to three new communities in Michoacán and one in Puebla as well. We are very excited to bring our microfinance workshops to participants in new communities, and expect that it will be a great experience for all!

Also in June, we continued to run marketing and business administration workshops in the communities in Oaxaca and Hidalgo. As a result of these workshops participants are putting their new knowledge to use to help their different businesses grow. They continue to strengthen their business skills and financial independence, sowing the seeds for future success. They also continue to save in the community banks, providing loans for new businesses. This saving and loans cycle reinforces community integration and support.

Your continued support enables these individuals, their businesses, and their communities to flourish. Thank you!

New to the monthly field reports? See below for previous monthly updates and an overview of the program thus far!

Version en español:

¡En junio nuestro proyecto de microfinancia creció para llegar aún más comunidades mexicanos que necesitan apoyo!

Hasta ahora, hemos implementado nuestros proyectos de microfinancia en los estados de Hidalgo y Oaxaca.  Estamos felices de anunciar que en junio empezamos nuestros proyectos en tres nuevas comunidades en Michoacán y uno en Puebla. Estamos emocionados de traer nuestros talleres de microfinancia a nuevos participantes en nuevas comunidades, ¡y esperamos que sea una buena experiencia para todos!

También en junio, continuamos los talleres de mercadotécnica y asesoría de negocios en las comunidades de Oaxaca e Hidalgo.  Como resulto de estos talleres, participantes usan sus conocimientos nuevos para el crecimiento sus diferentes negocios.  Siguen fortaleciendo sus habilidades de negocios y de independencia financiera, sembrando las semillas de su futuro éxito.  También aumentan sus ahorros en los bancos comunitarios, que provee los préstamos para nuevos negocios.  Este ciclo de ahorros y préstamos refuerza la integración y el apoyo comunitario.

Su apoyo continuado permite a estas personas, sus negocios y sus comunidades prosperar. ¡Gracias!

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Map of Microfinance for marginalized communities, Mexico