Micro-credit for disadvantaged farmers in Laos

There are more than 50 villages where SEDA has identified the need
for microfinance. Credit is essential for production of cash crops
including rice, vegetables, livestock, mushroom, peanuts, fruits, tea and
coffee. Turn out very establishing and the raise awareness brings more
members. SEDA does not believe that it is appropriate or desirable for
outside organizations to lend its own capital. Inspired by the work of
Sahavikasa, an Indian cooperative development organization, SEDA believes
that mutual self-help will result in the durable and enduring results that
will benefit members not only this year, but for decades to come. SEDA is
in the process to expands the work with international partners like Global
Giving, and new partners as on it way to help outreach these efforts from
the pilot project to social enterprises base on business model. At this
stage the savings and credit cooperatives that benefit all the communities
in many region of the global world, if SEDA achieves this with international
supports, we will be the first cooperative successful in next two to three
years to come. We look forward to achieving far more in 2011 with large
numbers of new members participating in the program. We do urge many
donors, supporters, partners to continue your help us achieve what we will
needs to do. SEDA will also invites the central bank of Bank of Lao
government to also matching with our needs to help make this mission of
cooperative be successful in the future.