MICRO CREDIT

By providing small loans to persons with disabilities, they are able to start their own small businesses. This provides the hope, resources and opportunity needed to help the working poor start or expand a business, develop a steady income, provide for their families and create jobs for their communities.

“The world is getting better, but it's not getting better fast enough, and it's not getting better for everyone. The great advances in the world have often aggravated the inequities in the world. The least needy see the most improvement, and the most needy get the least -- in particular the billion people who live on less than a dollar a day." Bill Gates, World Economic Forum 2008

CH Global is one of the few organizations in the world to offer micro credit to people with exceptional needs, in Bill Gates’ words "the most needy." We provide small loans to persons with disabilities, families and marginalized communities in developing countries. These funds are used to buy tools, supplies and services needed to get a small business started. Training and ongoing support are provided through accountability groups. The loans are repaid with interest into a revolving fund that is used to finance new enterprises.  A very high rate of success and loan repayment (between 95 and 100 percent) is being achieved. Bill Gates further stated “This is a world-wide movement, and we all have the ability and the responsibility to accelerate it. I'd like to ask everyone here, whether you're in business, government or the non-profit world, to take on a project of creative capitalism in the coming year, and see where you can stretch the reach of market forces to help push things forward. Whether it's foreign aid or charitable gifts or new products, can you find a way to apply this so that the power of the marketplace helps the poor?”

By investing in these micro credit projects you help to ensure that the cycle of poverty is broken for the generations to come.


Ethiopia

Emaynesh is a young woman living in Ethiopia. When her husband died, prospects for Emaynesh and her seven children looked grim. 

But a microcredit loan from CH Global allowed her to set up a small business to produce jebenas (traditional Ethiopian coffee pots) which are sold locally, and beautiful clay necklace pendants, which are marketed in North America through NationWares. The business has expanded to the point where Emaynesh can now employ her eldest daughter and support her other children. In the future, she plans to employ other women in her town.


Sri Lanka

65 persons with disabilities and marginalized women are operating their own small tailoring business with the help of a Micro Credit loan.

CH Global, in partnership with the Methodist Church provides loans and training to the participants in sewing and tailoring techniques, management of personal finances and small business operation.

This program is rapidly expanding towards its goal of enabling up to 500 people in starting their own tailoring business.