Wednesday, May 9, 2007

MICRO CREDIT PROGRAM



February 27, 2007.- These 20 women were selected to receive the first micro loans to the women's group in the village of Tierra Linda. They had walked all the way down the mountain carrying their children. We had a meeting and explained the responsibilities of these loans and the women explained what they would like to do with the loans.
Most of them wanted to be able to invest in buying more seeds to be able to plant their fields or in buying vegetables. and fruit to sell at the markets. Some of them wanted to buy chickens to grow and sell. One is investing in materials to be able to do machine embroidery on weavings. Yet two more want the loans to be able to invest in buying beads wholesale for their beading businesses. They are all delighted to receive these loans and were very happy to meet some of the Directors of Paso por Paso who are making these loans possible.

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