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| Bénin | Bolivia | Burkina
Faso | Ecuador | Ghana | Guatemala
| Haiti | Honduras | Madagascar | Mali | Mexico
| Peru | The Philippines | Senegal
| Togo |
Benin
In 2000, Freedom from Hunger began a partnership with FECECAM (Federation of
Agricultural Savings and Credit Unions), a credit union network in Benin that
accepts deposits of money and provides loans to individuals. With technical
assistance from Freedom from Hunger, FECECAM is now offering Credit with
Education to over 4,700 poor Beninese women. As of March 31, 2005, this
program had an outstanding loan portfolio of US $606,725, with more than US
$14 million loaned and repaid to date.
Bolivia
Since 1990, Freedom from Hunger's local partner, CRECER
(Crédito con Educación Rural), has offered Credit with Education
to over 57,000 participants who have saved more than US $3.2 million. In September
2004, the Inter-American Development Bank (IADB) recognized CRECER with an award
for the best "unregulated" microfinance institution of the year in
the Americas. CRECER is now one of the largest and most rural microfinance institutions
in the region. As of March 31, 2005, this program had an outstanding loan portfolio
of US $8.6 million and is covering over 133 percent of its operating costs.
Bolivia Virtual Tour
Burkina Faso
Freedom from Hunger’s partner, the FCPB
(the Fédération des Caisses Populaires du Burkina Faso), is a
large credit union network with branches in six regions of Burkina Faso. Currently,
the FCPB provides Credit with Education to over 57,200 clients and
continues to expand into new regions. As of March 31, 2005, the amount of outstanding
loans was over US $2.5 million, with more than US $22 million loaned and repaid
to date.
Burkina Faso Virtual Tour
Ecuador
In July 2004, Freedom from Hunger expanded its range of partners by forming
a strategic alliance with Fundación ESPOIR, an Ecuadorian NGO, helping
deliver Credit with Education to women in rural areas of the country.
This agreement will launch a significant expansion of Freedom from Hunger's
services in Ecuador. Membership among our four partners includes nearly 13,000
clients. As of March 31, 2005, Credit with Education members borrowed
a total of US $3,040,680 in loans and have saved nearly US $650,000.
Ghana
Our local partner, Freedom from Hunger/Ghana, became an independent organization
in 1998. Freedom from Hunger and Freedom from Hunger/Ghana, along with 10 Rural
Banks, have formed the largest banking network in the country, serving nearly
21,000 poor women. Freedom from Hunger and Freedom from Hunger/Ghana intend
to pursue the dual focus of reaching very poor clients with demand-driven, sustainable
financial services, and increasing scale through expanding the outreach of Rural
Banks in Ghana.
Ghana Virtual Tour
Guatemala
In the year 2000, Freedom from Hunger and FUNDAP (Fundación Para el
Desarrollo Integral de Programas Socioeconómicos) partnered to bring
Credit with Education to poor families in the Totonicapan region of
Guatemala. FUNDAP is a Guatemalan nonprofit private development organization
that runs a village banking program called Mujer y Trabajo ('Women and Work').
Freedom from Hunger provides health and business education materials to the
Mujer y Trabajo microcredit program. As of March 31, 2005, over 10,500 Guatemalan
women and their families were benefiting from Credit with Education.
Haiti
Since 1999, Freedom from Hunger has partnered with the Haitian organization ACLAM (Action Contre La Misère), based in Port-au-Prince and offering programs, including Credit with Education, to support self-help in four rural regions of Haiti. In the aftermath of the tragic earthquake of January 12, 2010, Freedom from Hunger is raising money to enable ACLAM to rebuild capacity to act quickly to support the relief and recovery of the women, families and communities ACLAM has been serving.
Haiti Virtual Tour
Honduras
Started in 1990 and currently run by a Honduran organization, FAMA (Familia
y Medio Ambiente), this Credit with Education program has 595 Credit
Associations providing credit and health education to over 12,600 women.
Madagascar
Supported by a United Nations microenterprise development program, Freedom
from Hunger works with a number of local organizations in Madagascar, including
Haingonala, OTIV, Tiavo and Vola Mahasola. Credit with Education is
making a positive impact in the lives of over 8,000 poor women and their families.
As of March 31, 2005, this program had an outstanding loan portfolio of US $300,881
with more than US $3.3 million loaned and repaid to date. Madagascar
Virtual Tour
Mali
Credit with Education was brought to Mali nearly a decade ago. In
2001, Freedom from Hunger completed an analysis of Mali’s Credit with
Education program. The purpose of the study was to verify that our hunger-fighting
program is, in fact, reaching those who are food-insecure. The results confirm
that Credit with Education remains true to its intended goal, as 87
percent of the families involved in the program experience some level of food
insecurity. Other programs that offer microcredit services for the poor have
tested their outreach to find that less than 10 percent of the program participants
actually qualify as being poor. Credit with Education in Mali serves
over 9,200 women, who have an outstanding loan portfolio of over US $1.8 million.
Mali Virtual Tour
Mexico
In 2005, Freedom from Hunger established Alcance Mexico (Reach Mexico), an
independent Mexican organization. Alcance's mission is to collaborate
with Mexican institutions to support the efforts of poor women to build futures
of health, hope and dignity. Together we are creating sustainable solutions
to provide large numbers of women with information and financial services they
need to improve their lives.
Peru
Freedom from Hunger recently received a grant to launch Credit with Education
in the departments of Junin and Huancavelica, where poverty is widespread but
potential for improvements in economic standing, family food security and, especially,
child nutrition, are significant. Local partner organizations have already been
identified that are committed to sustainably providing micro-financial services
and critical health and nutrition education to 18,000 women (with the benefits
reaching an estimated 95,000 family members) and expanding into the future.
The Philippines
With funding from the U.S. Agency for International Development, Freedom from
Hunger and the World Council of Credit Unions joined forces to implement a Credit
with Education program on the southern Philippines island of Mindanao.
Since 1998, Freedom from Hunger has provided technical assistance and training
for introducing Credit with Education to 17 credit unions. With 5,180
Credit Associations, and over US $67 million lent to date, our Credit with Education
program is making a difference in the lives of over 125,000 families. The
Philippines Virtual Tour
Senegal
In Senegal, Freedom from Hunger is partnering the UM-PAMECAS (L'union des Mutuelles
du Partenariat pour la Mobilisation de l'Épargne et du Crédit
au Sénégal) the regions of Thiès, Louga and Saint-Louis.
UM-PAMECAS is a credit union that is already providing microfinance to the poor
and approached Freedom from Hunger to help it integrate education into their
microfinance programs. Freedom from Hunger will also help UM-PAMECAS launch
and manage new Credit with Education programs. With Freedom from Hunger's help,
UM-PAMECAS has made a commitment to deliver sustainable, high-quality Credit
with Education programs to more than 50,000 women in the near future.
Togo
Credit with Education operations in Togo delivered by our local partner,
FUCEC (the Féderation des Unions Coopératives d'Epargne et de
Crédit); provides Credit with Education to over 8,600 poor women.
As of March 31, 2005, our program in Togo had an outstanding loan portfolio
of US $606,725 and over US $14 million lent to date.
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