We have started a micro-loan program to help the people in Canielle, Haiti begin their own small business in in order to provide for their family. Loans average $120-$150 U.S. per person, and are enough to launch a business such as food sales, crop or animal farming, second-hand clothing or shoe store, sewing, carpentry, etc... There are a number of ventures that can be started with a micro-loan. The loans are interest free and the recipients have one year to pay it back. Once the loan is paid back, it is reinvested into another business.
The following people have received micro-loans...a total of 48 loans!
We plan to give out an additional 10-15 loans on our next trip.
There are a few different ways you can fund a loan:
1) You can cover the entire loan for a business, which averages $120-$150 as stated above. Some are lower, some are higher.
2) You can form a group, and then together as a group, you can fund the loan, pray for and encourage the recipient, and get updates.
3) You can donate any amount you want and we will pool your money with other donors to fund a loan.
In all three ways, you will receive information on the loan recipient and their business. Once the loan is paid back, you can keep track of how the money was reinvested to start a new business. We encourage you to keep the Haitian business owners in your prayers for God's guidance and for success in being able to support their family.
All donations are tax-deductible. 100% of funds go directly to the Haitian people.