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Micro-Credit
Project
Eliminating Poverty,
One Borrower at a Time
1) Who we are
Project 2000 International, Inc. has its core service as education.
We believe that if people are educated, opportunities will result. We
have now began to grow beyond our core service by providing health services,
agricultural education, micro-credit and training schools in order to
develop a sustainable entrepreneurial revolution in Haiti.
2) What is Project 2000 International, Inc.?
- We connect private
and public companies, community organizations and individuals to co-finance
our projects and those of affiliated organizations.
- We organize fundraisers
and provide educational programs for affiliate's staff who participate
in community-sponsored programs. This project is also an illustration
of the implementation and harmonization by the partners through their
funding procedures in coordination with relevant and beneficiary communities.
- We support the
efforts of peasants and farmers across the country. Assist groups,
associations and farmers by giving them technical advice to ensure
proper management of their organizations and improve their farming
practices.
- We act as intermediaries
in the marketing of products from farmers—helping to maximize
the chain of production and distribution and to find the best opportunities
on the national and international markets.
3) Mission
To offer quality
integrated services to entrepreneurs who lack access to the formal banking
sector with the goal of providing economic independence and equal opportunities
in society. Moreover, our mission is to affect small-cap sectors employing
a predominately female workforce. We strive to implement micro-credit
as a springboard to enhance the status of women in developing countries,
directly improving their standard of living and that of their families
and as a source of profound change within a society by rebalancing the
current inequality between the sexes.
4) Objectives
- To contribute
to the personal, managerial, and financial development of entrepreneurs
through micro-credit, business training and leadership opportunities.
- Promote autonomy
among entrepreneurs and provide them with the education necessary,
as well as the capital necessary to operate a sustainable enterprise.
The implementation of these programs offers the opportunity to conduct
training activities, including community development and business
management.
- Combining the
experiences and gifts of donors with the talent and determination
of entrepreneurs are the new tools to self-sufficiency.
5) Our Services and Groups of Entrepreneurs
- Financial Services
- Economic and
Credit Programs
- Creation of Communal
Banks
Micro-Credit is
critical in alleviating the plight of the poor around the world. Borrowers
who utilize micro-credit have no other access to credit. Their only
access to credit is through moneylenders who apply rates approaching
1% per day! With rates ranging typically between 24 and 30% a year,
the micro-credit organizations provide credit access to entrepreneurs'
manageable assets of developing countries. In well-managed institutions,
the rate of loan repayment are approximately 95%?evidence that rates
are not at all insurmountable. Sustainability can be attained through
training in leadership, money management, and business planning through
identification of their Strengths, Weaknesses, Opportunities, and Threats
(SWOT). We will charge at Project 2000 International 1.5% monthly.
6) Economic and
Credit Program
In order to reinforce the financing of micro-enterprise establishments,
educational sessions have been added to shape the new business ventures
or diversify and improve the ones already in existence. The benefits
of the program include:
- Opportunities
to save and obtain greater gains in managing their own businesses
- Obtaining the
knowledge necessary to access the capital market at a later date due
to their understanding of how the capital market operates.
The Road to
Financial Security
Here Project 2000 International, Inc. introduces the focus on financial
education as a tool to reduce poverty and further create opportunities
for greater return on investment by participating in the educational
program of finance taught by members of Project 2000 International,
Inc. This chapter offers elements of participatory investigation, including
a small section of different types and a description of the application
of those methods. It also includes some reflections on the learning
group from an operational standpoint, as well as some recommendations
for application.
Gender Inequality
to Equality
This chapter presents basic concepts on the study of gender
and how inequality is reflected in the private lives between women and
men. There is also commentary on alternative solutions for improving
the gender situation and the application of a gender perspective in
a social finances program.
Access to
Capital Through Micro-Credit Financing With a Different Focus
At the beginning of the chapter there is commentary on the situations
in the world that trap women financially. Later, there is reflection
on the obstacles women face in accessing economic resources. Earlier,
the theme of money (from the perspective of men and women's relationships
in today's society) was introduced; the problems of power and dominance
that generate the possession of money in gender situations will later
present the characteristics of a financial culture with a gender focus
as an alternative for promoting access and control of resources for
women.
Financial
Services
This chapter briefly discusses the financial systems upon which Project
2000 International, Inc. training is based. Later, the chapter presents
the methodology of the social finances program.
At the end of each
chapter, the suggestions for working with a reflection or focus group
in actual participation are listed along with information about Project
2000 International, Inc. participants from the Savings and Credit group.
How can you help?
- Donations can
be made in-kind or monetary bequests
- Children's clothing
and shoes, candy, notebooks, pencils
- Clean bond paper
(regular office and letterhead)
- Office volunteers
or virtual volunteers
- Maintaining computer
equipment
- Receptionist
work
- Messenger
- Graphic Design
- Accounting
- Marketing
- Business Administration
- Teaching
- Volunteering
in Haiti
- Be an advocate
for our programs in your community, companies, church etc.
- Have a fundraising
activity on our behalf in your respective communities.
This project will
enroll approximately 150 families or entrepreneurs.
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