"Microcredit is a
critical anti-poverty tool - - a wise investment in human capital.
When the poorest, especially women, receive credit, they become economic actors with power.
Power to improve not only their own lives but, in a widening circle of impact, the lives of their families, their communities, and their nations."
- Kofi Annan, Secretary General, UN
Funding
As
of January 1, 2006 ten groups of twelve have been funded, and 30 more
are waiting.
Village HopeCore received funding for its first group of 12 women, the Ruancege Pioneers in 2001. That group has repaid its loan, re-applied, and has received a second set of loans.
In
2004, VHI received funding from the Sebastopol, Ca. Rotary Club and
from an anonymous donor for 3 more groups: the Wendani (the ones who
are loving) Group, the Mwiki Group, and the Undugu (brotherhood) Mens
Group.
In 2005 a group of 10 students at Sonoma Academy in Santa Rosa, CA. held an art auction with donations from many of the county’s established artists, and raised $17,000! They funded a 5th group, the Kaimenyi (the ones who know themselves)/Sonoma Academy Women's Self-Help Group.
In 2005 Sally Nicholsen, a parent at Sonoma Academy, funded the Tumaini (the ones who have hope) Group.
In
2006, two HIV/AIDS
groups received funding thanks to the generosity of a group of friends
in Healdsburg, Ca.
Request For
Support
In
addition to foundation and institutional support, VHI seeks private
group and individual contributions. A contribution of $7500 funds a
loan program for a group of 12 people representing 12 family businesses
and provides 18 months of training , on-site monitoring, and technical
support.
Please make
your tax deductable contribution, large or small, to:
Village
HopeCore International
P.O. Box 1330
Healdsburg, CA 95448
P.O. Box 1330
Healdsburg, CA 95448