Fund 40 Women’s Micro-Credit Loans in Ghana
SummarySelf-Help has been battling hunger in Ghana since 1989. Our approach is paying dividends but pending micro-credit loans ($75 to $250) may go unfunded if money is not made available. |
Received $5,530 from 72 donations from people like:
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More Information About this Project
Project Needs and Beneficiaries
Nearly all of the women are illiterate, which requires frequent oral and visual training aids. While illiteracy remains a root cause of problems, increased income by the women is allowing their daughters out of this cycle of poverty and lack of education because the mothers want to end illiteracy with themselves. 40 loans at about $100 to women in rural Ghana will be funded.
Activities
100% of all funds raised go directly to the Women’s Micro-Credit Program in Ghana. In the village of Bomfa, Agnes needs a loan to replace the two goats she lost. Two women are waiting for funds to purchase a screw-press for their palm oil business.
Funding Information
Total Funding Received to Date: $5,530
Remaining Goal to be Funded: $470
Total Funding Goal: $6,000
Additional Documentation
This project has provided additional documentation in a Microsoft Word file (projdoc.doc).
Resources
Why this Project is Important
Potential Long Term Impact
Women play major roles as farmers (80%) and business people in rural Ghana. Less than 1% own land or have access to collateral for loans. This limits women’s social impact.
Project Message
The common remark we hear from women in the program is, “I can’t read or write, but because of the micro-credit loans my daughters won’t go through life this way.”
- Any Group Member, Beneficiary
Who is Running This Project
Contact
Merry Fredrick
Executive Director
805 W. Bremer
Waverly, IA 50677
United States
319-352-4040
Email:
Project Sponsor
Organization
Self-Help International
805 W. Bremer Ave
Waverly,
IA
50677
United States
319-352-4040
http://www.selfhelpinternational.org
Where this Project is Located
Country
This project is located in 
Ghana
and can also be found under 
Microfinance.
For more information about Ghana, read the Human Development Report on Ghana or the Wikipedia entry for Ghana.
When this Project was Updated
Last Updated
This project was last updated on November 6, 2009.
Date Added to GlobalGiving
This project was added to the GlobalGiving project catalog on August 10, 2009
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