what is micro aid projects

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MicroAid Projects is a development charity that reaches out to poor families via the internet with simple training in profitable family enterprise

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Page 1: What is micro aid projects

What is MicroAid Projects?

Toby Beresford

Page 2: What is micro aid projects

“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

Page 3: What is micro aid projects

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

Page 4: What is micro aid projects

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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Page 5: What is micro aid projects

Why is MicroAid Projects special?

• MicroAid helps those who …• …• MicroAid was the world's first online micro-

grant platform

Page 6: What is micro aid projects

2009 Annual Report

• In 2009, MicroAid Projects has been applied in 6 countries as follows:– Indonesia– India– Pakistan– Bangladesh– Kenya– Uganda

Page 7: What is micro aid projects

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: