Supporting Small Business for Poor Entrepreneurs

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

Project Report | Oct 20, 2016
First loan releases

By Elmer Sayre | Project Leader

Gardening project of a beneficiary
Gardening project of a beneficiary

Dear Friends,

Warmest greetings from WAND and thank you very much for your generous donations to jump-start this initiative to assist small business for poor entrepreneurs. Thanks so much too for TCP - Global for providing the initial pump-priming fund. To date we were able to provide support to 19 clients, with loans of 16 of them coming from the initial amount while 3 comes from repayment already. Businesses supported ranges from motor transport, small store, gardening, raising of small animals such as goats and pigs, repair of fishing boat and tool for carpentry.

Repayment is done monthly with 2% interest rate. Repayment so far is 100%.

Again thank you very much for your generosity.

Very sincerely yours,

Elmer Sayre

Share on Twitter Share on Facebook

About Project Reports

Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you can recieve an email when this project posts a report. You can also subscribe for reports without donating.

Sign up for updates

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
Donate Now
lock
Donating through GlobalGiving is safe, secure, and easy with many payment options to choose from. View other ways to donate

Water, Agroforestry, Nutrition and Development Foundation has earned this recognition on GlobalGiving:

Help raise money!

Support this important cause by creating a personalized fundraising page.

Start a Fundraiser

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

Get incredible stories, promotions, and matching offers in your inbox

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.