The Value of Microloans – Part 2

Apr

26
2010

Just two days ago, I received an update on Alice, the lady my brother and sister-in-law and I made a small loan to two years ago.  This was our first update and it made my entire month.

“A Great Story of Success,” it began, then went on to share that Alice has faithfully paid back the loan in weekly installments “without pushing” and has started her own tailoring business. She has taken additional loans to expand the business and now employs two other women! Here’s a picture of her hard at work.
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“You can change one person’s world, and it’s a blast,” I wrote about giving the initial gift. Seeing results like this is even more fun.

Find out more about CMF’s microenterprise program here

Jennifer Taylor is a freelance writer and consultant in Nashville, TN. Read her blog at http://writeaboutnow.christianstandard.com/

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About

Emily founded Stop Traffick Fashion in 2009. She’d been becoming more and more involved in the abolitionist movement, and she decided to start STF as an opportunity to bring together the best of all products made by survivors of trafficking. She hopes her response to trafficking will inspire others to take action, even in a small way. Emily lives in Cincinnati, enjoys traveling, and has visited Hagar International and StopStart in Cambodia.

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