The good news is that Grace and her neighbors formed a CARE community savings and loan group, which provides a vital financial safety net during tough times. Even if the crop fails, the villagers have the means to make it through to the next harvest. Thanks to her group, Grace has enough money to keep her children in school.
Your tax-deductible gift today can help poor people access tools and resources to become as resilient and self-sufficient as Grace is today. Here are some ways your gift can help change lives:
$75 can provide three village savings and loan groups with a lock box, ledger and other start-up supplies to help them manage loans and help start small businesses
$115 can provide a community mobilizer with a bicycle to reach village savings and loan groups in remote villages
$150 can provide a farmers’ association with soil testing equipment to help improve harvests
With the price of food skyrocketing, many families are struggling to afford food — and experts predict prices will continue to rise in the future. Veronica Okongo was worried that the increasing cost of food would jeopardize her ability to pay her children’s school tuition. So she moved her life savings from a bank to a CARE-created community savings and loan group where she earns more interest.
Unlike banks, CARE’s community savings and loan groups are owned by their members, and interest earned from repaid loans is shared among group members. The more money Veronica saves, the more interest she earns! Today, Veronica is confident that her children will be able to stay in school and she will be able to afford the food they need to stay healthy and focused on their studies.
Your tax-deductible donation to CARE today will help women like Veronica and Grace build a brighter future for themselves, their families and entire communities.
Thank you for all you do to help empower women and girls to escape hunger and poverty — for good.