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| Offering health, hope and dignity in JESUS’ name Helping women build a future ARDFC is currently raising funds for two projects, both designed to help women and their children escape poverty by providing working capital and training to start micro-businesses. Both projects are conducted in partnership with Five Talents International (FTI) and the local Anglican dioceses and/or Mothers Union. ARDFC is currently raising funds for two projects, both designed to help women and their children escape poverty by providing working capital and training to start micro-businesses. Both projects are These projects support small savings and lending groups comprised of impoverished women. By providing working capital and business training, the women are able to establish small businesses to support themselves and their families. Pastoral care by the local Anglican churches and the values-based business and skills training encourage life transformation as well. The two projects are: • In Peru, for which we are raising $40,000 US • In Myanmar, for which we are raising $40,000 US How microfinance programs work Microfinance programs make lending to the poor sustainable. As the self-employed small group members get established, repay their loans and begin reinvesting their savings with the group, additional small loans can be made to other group members to launch businesses. The savings/lending groups are community-based and built mutual accountability and trust. Savings groups borrow from each other’s savings and hold each other accountable for repaying the loans. In this way, poor people who would not be eligible for bank loans are able to become self-employed and earn a better income – without becoming indebted to usurious loan sharks. Our partner in these projects has extensive experience in implementing microfinance projects. Five Talents currently works with dioceses in 11 developing countries throughout the worldwide Anglican Communion, promoting the formation of savings groups, making small loans and providing business skills training as a way to create jobs and help whole communities to move from poverty to self-sustainability. Read about the results of a similar project in Egypt undertaken by ARDF (US). » See a fact sheet on ARDFC’s current projects in Myanmar and Peru » Completed projects » Past ARDFC emergency relief funding |
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| Anglican Relief and Development Fund Canada | c/o Box 1013 | Burlington, ON | L7R 4L8 | Canada Registered Canadian Charity Number: 84730 1413 RR0001 |