Buy Land and Housing for Central America Families
Support rural families Central America
Summary
Contributions to the Noemi Credit Fund provide the resources for loans to Agros villagers for land and housing through a revolving credit fund.
How Donors Like You Helped
Thanks to donors like you, a total of $5,500 was raised for this project. Other Projects Run By Agros International That You Can Help |
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More Information About this Project
Project Needs and Beneficiaries
Land is a precious commodity throughout the world. Marginalized rural families lack access to the kind of credit needed to buy their own land. Trapped in a cycle of basic survival, they pay exorbitant rents for poor quality land or work for desperately low wages as migrant laborers. Agros restores opportunity for such families by purchasing farmland and providing long-term credit. Families pay back the cost of the land, earning right to its title, and making loans available to new families.
Activities
Investing in the Noemí Credit Fund ensures readily available funds to provide loans for new villages and families. $1000 buys an acre of land for a needy family. $5,000 buys a house, irrigation, and enough land for a family to live on and farm.
Funding Information
Total Funding Received to Date: $5,500
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 $5,500 . The original project funding goal was $5,500.
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
It is better to dream when you’re awake than sleeping because when you’re awake, you can do something to make your dreams come true.
- Noemí López, Agros villager & namesake of the Noemí Credit Fund
Who is Running This Project
Contact
Sean Dimond
Director of Marketing and Communications
4528 8th Ave NE
Suite 1A
Seattle, WA 98105
United States
(206) 528-1066
Email:
Project Sponsor
Organization
Agros International
2225 4th Avenue Suite 200
Seattle,
Washington
98121
United States
206-528-1066
http://www.agros.org
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Where this Project is Located
Country
This project is located in
Guatemala
and can also be found under
Economic 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
Autumn 2007 Update Summary
By Laurie Werner - Program Director, January 25, 2008 03:12 PM
Contributions to the Noemí Fund facilitate an ongoing credit fund to support the initial costs of land, housing and irrigation. Noemí Fund investments in small farming communities allow the villagers to work toward sustainability, reaching a point where they can pay back their loans while supporting their families. Donations from churches, businesses, foundations and individuals cover the costs of agricultural assistance, health care, education, community development and other programs.
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