Abayudaya Microcredit Fund

Help members of the Abayudaya community achieve their goals.

Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history. It is designed to alleviate poverty and support entrepreneurship through sustainable livelihood or microenterprise.

The Abayudaya Microcredit Fund provides an opportunity for entrepreneurial community members facing poverty to solve their own local problems through sustainable economic projects. The grants help them achieve their goals and improve their lives, providing a bridge between ideas and action for those unable to obtain loans from banks.

Applicants 18 years of age and up are eligible to apply for two primary types of loans: The first is a small loan (~US$50-500) for education or training to develop professional skills, an income-generating business, or home improvement. The second is a larger loan (~$2,000-$10,000) for a community project such as a school, health center, or farm. Additionally, a limited number of small, non-repayable microgrants will be available for an emergency or special situation.

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Abayudaya Microcredit Fund

$4,211 of $10,000 raised
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Donation Total: $180.00