A dedicated micro credit fund for rural Madagascar

by Zahana
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar
A dedicated micro credit fund for rural Madagascar

Project Report | Dec 23, 2013
MIcrocredit update Dec. 2013

By Markus Faigle | Volunteer Project Director

Garden next to the house
Garden next to the house

We just got that repost form the villages in Madagascar:

The community of Fiarenana is well in control of their micro credit projects and it is running well. As a new approach this year the school was given money to buy rice in March after the harvest and after they sold it at a higher price later in the year they returned the initial loan on time by the beginning of December.

Despite past experiences, we wanted to give the women’s group in Fiadanana another chance, after all not everybody is a born businessperson. Unfortunately it didn`t work so well this season either; once again they used the money for another purpose than initially agreed on, but promised to reimburse Zahana by March.

On the bright side in Fiadanana, the vegetable gardens next to the houses are coming back, and most are planting green leafy plants to eat (with Zahana’s seeds for our ‘seed fund’). This only illustrates once again, that it sometimes takes years to generate a change in habits.

In other important community news: the Health Center for Fiadanana is almost finished (see the groundbreaking in July). We just got this photo of an almost completed building, with our traditional healer Raleva checking out its progress.

Happy Holidays!

Ihanta

Pumpkin flower in garden next to the house
Pumpkin flower in garden next to the house
Future Health Center
Future Health Center
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Organization Information

Zahana

Location: Antananarivo, Capital - Madagascar
Website:
Facebook: Facebook Page
X / Twitter: Profile
Project Leader:
Markus Faigle
Volunteer
Honolulu , HI United States

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