Senegal Ecovillage Microfinance Fund
Posted By: admin | 2009.11.13
greatest impact, as much of our funding as possible should be used for the communities in which we work. Therefore, donations to The SEM Fund go towards expanding our reach throughout Senegal and providing loans which once repaid will be loaned out again, thus creating a revolving loan fund. As part of our commitment to complete transparency, The SEM Fund has had its operational information and financial reports reviewed and published by the MIX Market, a third-party microfinance …
9 Comments:
usmartine / January 1, 2008 9:47 pm
Wonderful! What we all want…hope and a better future!!!!
NatureProductions / January 2, 2008 11:13 pm
very pretty cool!
referencehistory / January 23, 2008 5:36 pm
very informative on micro – entrepreneurships in africa. So little can do some much!
yanjiaren / October 23, 2008 7:05 pm
Fantastic vid. I am writing about it on my green blog.!
insaneshowbroadcast / January 15, 2009 10:34 pm
I’m from Senegal, so this means SO much. Thank you for posting it!
OutdoorsBlackMan / June 18, 2009 4:13 am
Why “loans”?
semfund / June 18, 2009 1:49 pm
Our goal is sustainable economic development & requiring a loan to be repaid insures it will finance an income-generating activity rather than consumption. Like people everywhere, many microentrepreneurs dont like to accept charity & prefer to raise their standard of living through their own efforts.
adchy7 / July 2, 2009 3:20 am
wow .. i just LOVE it
boomtastic67 / July 3, 2009 9:48 am
I just go tback from Senegal. Great idea