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KICKSTART SMALL BUSINESS LOANS
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PROJECT DESCRIPTION
Kickstart Micro Credit Loans
Bangladeshis, regardless of religion, are being given a hand-up out of the curse of poverty through micro-loans. Families can get started in business through the provision of:
| Small sewing machines |
Cows or goats for milk |
| Fish farming |
Poultry /eggs |
| Seed purchase for crops |
Rickshaw or van for transport |
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LOCATION - Bangladesh
One of the world's most populous and impoverished countries, Bangladesh is prone to frequent floods and a variety of water borne diseases.
Click map for more info about Bangladesh.
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NEED AND SOLUTION
A loan of $100 - $250 is all it takes a Bengali family to start a sustainable family business! This loan offers many families living on the edge of starvation their one chance out of poverty. The loan is repaid over 12 - 18 months to keep the money revolving and available for more families. 98% of loans are fully repaid by grateful families.
GOALS
| 009 - loans to 300 more families and 1000 families |
| 2011 - loans to 1000 more families |
You can change 10 families lives in 10 years with a $125 - $250 donation.
Your gift will revolve to a new family every year! Designate it for "KICKSTART Bangladesh"
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About the Project Managers
Peter & Bev van der Westhuyzen
Monthly
(in US$)
Capital
Kickstart lending
pool to invest in
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$100 - $250
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Sewing machines
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Cows or goats for milk
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Fish farming
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Poultry /eggs
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Seed purchase for crops
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| Rickshaw or van for transport |
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Over 450 families have already benefited - here are testimonies from just two families:
Kahinur Begam. My husband and I and our five children were living in starvation. I had no way to go ahead then I took the loan of 10,000 Tk (US140) and started a clothing business. The business turned into a success. Now we can eat three times every day. I dream to get more successful in future. I am giving thanks to Operation Generation for helping my family.
Dulana Begam. I led a hard life with my four children and husband. My husband could not earn enough so there was no peace in my family and poverty was our constant companion. I took a loan to buy a rickshaw van for my husband. Now he earns 100 - 150 Tk (US$2) daily and we can provide my children with their daily food. We are having a good life. Now I dream that my children will go to school and they will stand on their own feet one day.
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