gift card reading 'Spread Joy' Looking for holiday gifts? Give the gift of giving with a GlobalGiving gift card! Shop Gift Cards

The Captivating Foster Family Micro-Loans Program

by Captivating International Foundation Ltd Vetted since 2015
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program
The Captivating Foster Family Micro-Loans Program

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 150 families and 150 orphans through this expansion project.

$0
total raised
0
donors
0
monthly donors
2
years

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$200. Loans are repaid anywhere between 3 and 8 months depending on the investment made, 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

329 foster families have already been helped by this program benefiting in excess of 330 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. The capacity exists to grow this program with 150 new families each year but we need your help to do this. US$2,000 allows loan capital for another 10 families into this program. Your gift will keep on giving.

Resources

http:/​/​www.captivating.org
Captivating Kenya Blogs
Simply Captivating Annual Report, June 2017

Organization Information

Captivating International Foundation Ltd

Location: Central - Hong Kong
Website: http:/​/​www.captivating.org
Facebook: Facebook Page
Twitter: @CaptivatingKids
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.
   

Still want to help?

Find another project in Kenya or in Microfinance that needs your help.
Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.