what is micro aid projects
DESCRIPTION
MicroAid Projects is a development charity that reaches out to poor families via the internet with simple training in profitable family enterpriseTRANSCRIPT
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What is MicroAid Projects?
Toby Beresford
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“Teach a man to fish, feed him for a lifetime”
• Promotes self help• Not giving capital goods• Truly poor people can access the support• A "bottom up" charity• Remotest communities
MicroAid Projects helps poor people learn new skills that will create income for them and their family
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MicroAid Projects is a development charity that reaches out to poor families via the internet and using simple business training
• MicroAid's mission– Empowering poor families to eradicate poverty from their lives through
family enterprise
• MicroAid's goals– To establish local community facilitation partners in poor areas who can
connect low income families to micro aid for business skills training
• MicroAid's objectives– To increase incomes of poor families particularly women to above $2 per
day
• MicroAid's work– 800 poor families from 7 developing countries such as Indonesia, India,
Pakistan, Bangladesh, Uganda and Kenya have participated in MicroAid Projects through direct donations family to family across the world
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How We Work
• Family in a small group discussion with the Community Facilitation Partner (CFP)
• The CFP then create micro projects
• You can choose and fund the micro projects
• Implement the micro project you supported
• Families and CFPs make reports together
• The report is available online
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Why is MicroAid Projects special?
• MicroAid helps those who …• …• MicroAid was the world's first online micro-
grant platform
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2009 Annual Report
• In 2009, MicroAid Projects has been applied in 6 countries as follows:– Indonesia– India– Pakistan– Bangladesh– Kenya– Uganda
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2009 Financial ReportIn 2009, MicroAid Projects funded 35 micro projects helping 205 low income families to
work their own way out of poverty in 2009. We created a £10,000 worth of value (increased incomes) for poor people which was created from a catalyst of £4,900
£4,900Total value of all micro-projects made through MicroAid Projects:
£245Average number of grants per MicroAid Projects CFP:
£140Average total amount granted per MicroAid Project :
£24Average grant size (This is the average amount granted to an individual MicroAid Projects Family Some grants - group grants - are divided between a group of borrowers):
6 CountriesNumber of countries MicroAid Projects Community Facilitation Partners (CFP) are located in:
20 CFPNumber of MicroAid Projects Community Facilitation Partners (CFP):
82.42%Percentage of MicroAid Projects grants which have been made to women entrepreneurs:
6 CountriesNumber of countries represented by MicroAid Projects Lenders:
205 BeneficiariesNumber of MicroAid Projects Families: