William is all smiles while receiving a scholarship certificate thanks to a program supported by Fair Trade Funds. Thumbs up to show your support for William, a future smart leader of Fair Trade! Spread by www.compassionateessentials.com and http://stores.ebay.com/fairtrademarketplace/
Tool 88, Microcredit, is important in helping women, previously unbanked, grow microbusiness to expand livelihood. It is increasingly used to help households acquire things that pay for themselves by lowering expenses but are not affordable up front, including bicycles, solar panels, biodigesters & even latrines. Microfinance institutions originally lent money only for businesses but have expanded their services. Photo - a new microfinance client in Bangladesh: BRAC
Tool 89 in the #countdown is Savings. Low-income women have been excluded from formal financial systems; their saving habits were below the radar. Microfinance clients, required to open savings accounts, were surprising successful. The poor are disciplined savers, using a wide variety of informal savings mechanisms. Village savings & loans are simple to operate, managed by members with no overhead. They build members’ financial skills, lending money & earning interest. Photo: MABS, Colombia
Little Shirley is all smiles while drawing in a daycare supported by #FairTrade funds. When you choose Fair Trade Certified #flowers, you're supporting flower farm workers investing in their community!