Sponsor Microfinance: Empower Small Businesses

 
$7,550
$4,950
Raised
Remaining
Jan 19, 2011

The Multiplier Effect at Work in Microfinance Training

Peter Receiving Funds at End of Training
Peter Receiving Funds at End of Training

Warm greetings

We are delighted to be able to share with you a video testimonial from Peter, one of the microfinance beneficiaries that has been impacted by the funds you have provided.  Be sure to click on the link - Video Testimonial - Peter .

Peter explains in the video that because of the training and the growth of his business, he is now able to provide for himself and his family of 5 children.  He says additionally: "Well its really helped me and because of that help I can now teach others on how to run a business."  In other words, the impact of the training that you have helped provide, is being multiplied when he shares his knowledge with other people. During additional training sessions that we have held, Peter has shared his experience and valuable lessons learned with new beneficiaries.  Thanks to you his business continue to grow and each cycle he qualifies for a new, larger loan.

Peter rounds up the video with the following words: "For Develop Africa, Globalgiving and other donor and partners, I do not even know how to begin to express my appreciation.  We appreciate everything their goodness and all they do for us - because they do not know us and yet they have gone to so much trouble to help us.  They have contributed greatly to our success.  They help our children and family as well. I pray God blesses them and their families and continue to provide for them more and more in whatever they do."

Peter could not have sent it better and we echo his appreciation to you, our Globalgiving donors.  We deeply appreciate your past and on-going support - as we plan towards a new session that will take place in February or March.  Please take a few minutes to make a donation today that will help us impact many more lives.  Thanks for your support - and please share this with your friends.

Cordially and best wishes

Peter and other microfinance beneficiaries
Peter and other microfinance beneficiaries

Links:

Comments:

About Project Reports

Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.

donate now:

An anonymous donor will match all new monthly recurring donations, but only if 75% of donors upgrade to a recurring donation today.
Terms and conditions apply.
Make a monthly recurring donation on your credit card. You can cancel at any time.
Make a donation in honor or memory of:
What kind of card would you like to send?
How much would you like to donate?
  • $15
    give
  • $25
    give
  • $50
    give
  • $100
    give
  • $250
    give
  • $1,000
    give
  • $2,500
    give
  • $15
    each month
    give
  • $25
    each month
    give
  • $50
    each month
    give
  • $100
    each month
    give
  • $250
    each month
    give
  • $1,000
    each month
    give
  • $2,500
    each month
    give
  • $
    give
gift Make this donation a gift, in honor of, or in memory of someone?

Organization

Develop Africa, Inc.

Johnson City, Tennessee, United States
http://www.developafrica.org

Project Leader

Sylvester Renner

Founder
Johnson City, Tennessee United States

Where is this project located?

Map of Sponsor Microfinance: Empower Small Businesses