Micro Loan Program – Crimson Foundation helps some of the poorest families in the world feed their families, send their children to school, and pay for life saving medicines. We are a very different kind of charity, offering hope, not handouts. By providing small loans (Average $100) and ongoing business training and support, our Microloan program empowers people in developing regions around the world to set up their own self-sustainable businesses. The profits from these businesses enable the women to work themselves and their families out of poverty.
Community
Microloan
- Loans are invested into businesses. Many of the people will be starting a business for the first time; some will be investing in small businesses they already run but require capital to further develop them and make them profitable. Businesses types vary, including market stalls, bakeries, second-hand clothes shops, and transportation services.
- We provide loans and ongoing business training to community members. When they’re able, they pay back the loan. We use this money to make more loans, to more people.
- Every fortnight, groups receive more training to help ensure the success of their businesses. Topics include market research. pricing and profits, and business planning. During these meetings, people use their business profits to make loan repayments.
Parent Testimonial
“At Crimson I know my child is learning things I could have never dreamed about. I would give anything for my child to remain at this school.”
Parent Testimonial
“At Crimson I know my child is learning things I could have never dreamed about. I would give anything for my child to remain at this school.”
Parent Testimonial
“At Crimson I know my child is learning things I could have never dreamed about. I would give anything for my child to remain at this school.”
Parent Testimonial