Loans are Being Repaid

A Myanmar woman working with straw as income generation.

Regardless of the challenges we are facing in the Yone Taw Transformational community Development (TCD) program, we have some positive news this month. The micro loan program has benefited the loan takers for a couple months although there were drawbacks in committee accountability and transparency over the program. According to our champion, out of 25 loan-takers, 15 people have returned the loan to the committee this month. Out of 10 families who took loans for betel nut plantation, 8 families returned the loan, and out of 15 families who took loans for their mat weaving business, 7 families have returned the loan. This progress is impressive. Now, new people are interested in the loan program. Literally, the loan program helped the families generate income for their daily living, and created job opportunities for the community.

Thank you,

Written by: Solomon

GHNI National Field Leader

Latest Stories from southeast asia

DONATE BY CHECK

If you prefer to donate by check, please mail your check to:

Global Hope Network International
934 N. Magnolia Ave.
Suite 310
Orlando, FL 32803

DONATE FROM SWITZERLAND

For all projects or staff - including our efforts to prevent Coronavirus in some of the most vulnerable communities:

GHNI Switzerland
27 Chemin des Crets Pregny
1218 Grand Saconnex
Geneva, Switzerland

Download a payment slip (ESR, BVR)

Or give by direct wire or transfer -

In Favor of  Global Hope Network International
Purpose: Your designated purpose for funds
Bank Name: Credit Suisse SA
Bank Address: 8070 Zurich, Switzerland
Bank Clearing No. 4835
BIC CRESCHZZ80A
Account / IBAN: CH81 0483 5043 3460 4200 1