Summary
Microloans support self-sufficiency, job creation, and promote the beginning of middle class stability.
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Most of our clients make their living in the informal economy as hairdressers, bakers, seamstresses, and “petty” traders, selling goods from tables and tiny kiosks or carrying them from place to place. With WomensTrust capital, they are able to increase or diversify their inventories. They can buy in bulk, decreasing their time away from work traveling to buy supplies. Profits accrued are immediately invested in better nutrition, healthcare, and education for themselves and their children.
We believe the climb out of poverty cannot be maintained by access to credit alone. In our model, the key to long-term economic growth is to integrate education and healthcare components with the micro-lending program to achieve sustainability.
Total Funding Received to Date: $48,276
Remaining Goal to be Funded: $1,724
Total Funding Goal: $50,000
This project has provided additional documentation in a PDF file (projdoc.pdf).
WomensTrust does not help the poor; rather, we empower the under-resourced to sustain their climb out of poverty. Our agenda is to share our knowledge and our access to resources in order to encourage economic growth and sustainability.
"WomensTrust came to help the people in this town. And the reason why we liked what they did is that they gave us the tools to help us help ourselves."
- Theresa Amponsah, WomensTrust Loan Client and Ghanaian Board Member
Dana Dakin
President and Founder
PO Box 15
Wilmot, New Hampshire 03287
United States
(603)526-4366
Email:
Womens Trust
PO Box 15
Wilmot,
NH
03287
United States
(603)526-4366
http://www.womenstrust.org/
This project is located in
Ghana
and can also be found under
Women and Girls.
For more information about Ghana, read the Human Development Report on Ghana or the Wikipedia entry for Ghana.
This project was last updated on November 12, 2009.
This project was added to the GlobalGiving project catalog on August 18, 2009
By Dana - Dakin, November 12, 2009 05:41 PM
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