April 2015

We are always looking to make people self sufficient and have tried to operate several loan ventures to start up small businesses.  Some have been successful others not as the business has failed or the individual has become too sick to work. The loans generally are up to 1,000 birr £30.00, we have never asked for the full amount to be repaid just small contributions which has worked with varying degrees of success. This year we tried a new strategy that a loan will be given on the basis that the individual opens a bank account and deposits a small amount each month from their earnings. We feel that this will allow people to build up savings hopefully enough for that ‘rainy day’.