Summary
Please consider supporting poor Colombian entrepreneurs through microloans. They want to work themselves and get their families out of chronic poverty.
What is the issue, problem, or challenge?
Over 50% of Colombians are living below the poverty line, many of whom are displaced. Parents all around Colombia struggle to feed their children each day. The fact is that they want to feed their children and not live off of handouts. Access to financial services is not only a desire for many poor Colombians, but a necessity for them to achieve this goal.
How will this project solve this problem?
For many poor families, microfinance is key for providing more food on the table and access to education. Once a loan is repaid, your donation is then recycled to become another loan, then another- working to build up the local economy.
Potential Long Term Impact
In Colombia, Opportunity is creating a finance company that will offer loans, savings, insurance and training to entrepreneurs living in poverty. Please visit the link below for more information on Opportunity's work in Colombia.
Project Message
"Give a man a fish, he'll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
- Bono, Irish Activist
Funding Information
Total Funding Received to Date: $1,045
Remaining Goal to be Funded: $454
Total Funding Goal: $1,500
Resources
Donate by US Mobile Phone
Text GIVE 6477 to 80088 to donate $10 to Microloans empower Colombian parents. Message and data rates may apply. Only works for US mobile phones.
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