Microfinance
 Kenya
Project #23667

The Captivating Foster Family Micro-Loans Program

by Captivating International Foundation Ltd
Vetted

Summary

AIDS is claiming the lives of so many parents in Kenya. 1 in 10 children are being orphaned because of it. Through Micro-Finance programs tailored specifically to help financially position families willing to foster an orphaned child, we hope to address two problems with one solution: elevate families above the poverty line and see orphaned children continue to experience the love and care of a family. We'll directly benefit 100 families and 100 orphans through this expansion project.
$0.00
total raised
0
donors
0
monthly donors
9
months active

Challenge

The sad fact is that one in every 10 Kenyan children will be orphaned because of Aids. With the majority of rural Kenyan families already struggling with poverty, life for a newly orphaned child is extremely difficult. We want to see these children taken in by families. Many families are willing to foster, but few area able to afford the increased costs.

Solution

Micro-finance is a way to create a self-sustainable solution. Our Kenya Foster Family Loans Program helps qualifying foster families take out loans of around US $150. Within 8 months these loans are repaid with the family enjoying increased income in addition. On average, we are finding that after 3 loan borrowing and repayment cycles, a family is cash positive after adding the costs of an additional child to the family.

Long-Term Impact

180 foster families are currently enrolled in this program benefiting in excess of 140 orphaned children. These children now have a family and are going to school. Women are trained to run a successful small business in order to provide for their growing family. We want to do so much more. Your gift will keep on giving as these families repay their loan enabling other families to join the program.

Resources

http:/​/​www.captivating.org
Captivating Kenya Blogs
Simply Captivating Annual Report, June 2015
Simply Captivating Newsletter, December 2015

Organization Information

Captivating International Foundation Ltd

Location: Central - Hong Kong
Website: http:/​/​www.captivating.org
Project Leader:
Daniella May
Central, Hong Kong

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

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