Breaking the Cycle of Poverty Means
Enabling Families to Support
Themselves
Thanks to our micro-enterprise loan program, more than 1,500 Nicaraguan
families and hundreds more in Africa are managing successful businesses and providing thousands of jobs for other families within their communities.
Children’s Hunger Relief Fund supports three micro-enterprise programs:
Desperate families are overwhelmed with gratitude when they receive
such an opportunity. People who had nothing prior to our assistance
began to thrive, enabling them to feed, clothe, house and educate
their families.
These programs are much more than lending money. Recipients must meet pre-requisites and are then specifically trained in small business operation, banking and other basic skills that will serve to make the business successful. Each family is held accountable to ensure that their loan is repaid.
Just a $250 can start one family in a self-sustaining business. As soon as a family pays off their loan in the allotted 12-month period
(and some 97% do), your donation then becomes available for another family. This multiplication continues year-after-year to provide deserving families an opportunity to rise above the despair of relentless poverty into the dignity of self-sufficiency.
Helping a poor family start a business doesn’t take much, but it is one of the most powerful things we can do to break the cycle of poverty. |