Micro-Credit Program
If anything, the parable of the talents (Matthew 25: 14-30) emphasizes the responsibility to not only develop our selves but to assist in the development of others. The micro credit program helps sponsored families develop their God given talents to achieve economic independence and fend for themselves.
With such sponsor assistance, families have started rice, fish, spice and firewood vending businesses. Others have started such businesses as tailoring, driving their own auto rickshaw, coir mat making and auto repair shops. All these businesses are within reach if financial assistance, ranging from $300 to $400, is provided to them.
This has been a popular program for several reasons:
- it helps the family to achieve economic independence; because they must pay back the loan it teaches them how to budget
- because the recycled funds are used again on other families it is the “gift that keeps on giving.”
- The great benefit of this program is its emphasis on responsible sharing and good stewardship principles.
- The assisted families are learning interdependence – we all need each other and we are only as weak as our weakest link.
- The assisted family is taught to realize if they do not repay what is loaned other families will be effected negatively – a sobering lesson in financial prudence.
In 2010 $15,000 was loaned out payable in one year. In 2011, the recycled $15000 was recycled and loaned out to families. To date there has been a 100% return on our investment – both in paybacks and successful ventures. This program is truly a great blessing for many reasons.
Make a donation to the micro-credit program>>
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