Offer Latin American Farmers Microenterprise Loans

Microenterprise latin american farmers

Summary

The Enterprise Loan Fund provides small loans to villagers for economic development projects, enabling farmers to buy seeds, raise chickens, or begin a community bank, for example. progress reportread updates from the field

How Donors Like You Helped

Thanks to donors like you, a total of $4,950 was raised for this project.

Received $4,950 from 64 donations from people like:

Lucas Donna Christina
Christina
Michael
Michael
Dan
Dan
Bosson
Bosson

More Information About this Project

Project Needs and Beneficiaries

Through Agros microenterprise loans, families are able to grow alternative crops, increase production, and begin new work projects, leveraging their position in the market and yielding more profits. Once their loans have been repaid, they become self-sustaining owners of their land. From this land and other small business projects, they are able to generate an ongoing, stable income and provide an environment in which their family can thrive.

Activities

$150 enables one family to participate in animal husbandry projects, diversify their crops, and participate in a community bank, among other activities. $4500 funds an entire Agros village.

Funding Information

Total Funding Received to Date: $4,950

Funding Information

This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Progress Report" tab as they become available.

Donors' contributions and pledges to this project totaled $4,950 .  The original project funding goal was $4,950.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

Why this Project is Important

Potential Long Term Impact

The Agros Model works to ensure economic, environmental, organizational, and social sustainability. Sustainability is not only key for the villagers themselves but for the long-term and integrated approach that addresses these issues.

Project Message

With the loans…I sell chickens in the village. I fill my store & I buy thread to weave all kinds of güipil & tablecloths. With the income I help my family…I want my children…to finish their studies.
- Ana de la Cruz Toma, Secretary, Community Bank, Los Angeles, Guatemala

Where this Project is Located

Country

This project is located in GuatemalaGuatemala and can also be found under Economic DevelopmentEconomic Development.

For more information about Guatemala, read the Human Development Report on Guatemala or the Wikipedia entry for Guatemala.

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 January 13, 2005

Latest Update from the Field

Village Update Progress Report

By Laurie Werner - Program Director, August 17, 2007 03:22 PM

Every quarter, the Agros US office receives a progress report on each village on topics such as: Community Organization, Land Ownership, Housing and Infrastructure, Community Education and Training, and Sustainable Economic Growth. Attached is a summary of key points of progress for each villages through the 5 countries in which Agros serves

Attachments:

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