Supporting Small Business for Poor Entrepreneurs

by Water, Agroforestry, Nutrition and Development Foundation
Supporting Small Business for Poor Entrepreneurs

Project Report | Jun 17, 2019
Ducks as good business

By Cora Sayre | Project Leader

Providing ducklings
Providing ducklings

Dear Friend,

Warm greetings and thank you very much for your generous support to our project supporting small business for poor entrepreneurs. This project is very urgent in the sense that poor entrepreneurs have very little access to productive credit and they often resort to borrowing from usurers at very high rates of interest. Profit in this manner is very low and the payment of the loans eats up most of it. Our strategy is in not providing them with direct cash amount but provide them with farming inputs that they are able to use to expand their business. This reporting period we provided 10 entrepreneurs with ducklings that they can grow for their meat and eggs when the ducks mature. Each of them were provided with 20 ducklings each.

Hoping for your continuing generosity.

Very sincerely yours,

Cora

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Organization Information

Water, Agroforestry, Nutrition and Development Foundation

Location: Cagayan de Oro, Misamis Oriental - Philippines
Website:
Project Leader:
Cora Sayre
Cagayan de Oro , Misamis Oriental Philippines
$43,505 raised of $75,000 goal
 
220 donations
$31,495 to go
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