Be One Percent | Microfinance
Автор: Be One Percent
Загружено: 2014-02-11
Просмотров: 196
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All time and skills kindly donated freely.
Filmed and directed by Christian Hughes at Curly Productions Ltd curlyproductions.co.uk
Be One Percent is a network of individuals who commit to giving 1% to help the worlds poorest. This month aim to bring financial opportunity to 10 village communities in rural Malawi.
Malawi is one of the poorest countries in the world ranked 167th on the Human Development Index and poverty is worst in rural areas. Be One Percent is supporting the outreach work of Concern Universal. Providing a framework for community saving and loans groups the programs are currently reaching some 59,000 rural clients from the 14 districts in Malawi, 80% of whom are women.
These saving and loans groups work in a similar way to credit unions in the UK. Commitment from the community itself provides the security so that affordable loans can be made to its members. This means people can access basic financial services to support their businesses or improve their own environments. Because it works at a community level it allows funds that are saved to be recycled as loans to more beneficiaries, this increases entreprinarial activities which boosts the local economy. Be One Percent wants to help Concern Universal reach 10 more communities in this way. We give 1% each month to different projects supporting worlds poorest. This small contribution can have a big impact.
To find out more and join us visit www.beonepercent.org
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