A H'mong family
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A self-replicating micro credit program with cows instead of cash
A self-replicating micro credit program with cows instead of cash
Poor farmer families receive young female cows as a loan. The families in this ''1st client generation'' are selected in a participatory process among the local poor. Supported by a local veterinarian, the family will raise the cow and use it for farming work as well as for the production of fertilizer. When the cow gives birth to the first female calf, this calf will be raised by the family until it is 6 – 8 months old. At this age, the calf is returned to the Cow Bank in order to be given to the next poor family (''2nd client generation''). The loan cycle (30 - 36 months) starts again. Once a client has paid back a suitable female calf, the first cow and all further calves become property of the client family.
In some locations, the project clients form village groups who support each other and manage project related issues together.
Through the ongoing loan cycle, more and more poor families will be provided with the opportunity to raise a cow and hence eventually find a way out of poverty.
Houseboats on the Red River
The objective of the Project is to raise income for poor households living by rivers.
This project targets a small community of river dwelling families, who have been living on house boats on the large Red River in northern Vietnam. Until recently, most of these families did not own any farm land and were hence forced to make their humble living from river-related resources.
This project aims to provide poor river dwelling families with the means to generate an income by raising fish. The families are provided with a loan as start-up capital to build a wooden fish cage and to purchase a number of small fish for raising. In the running river water, these fish grow to a respectable size of several kilograms and can then be sold to restaurants for a good profit.
After 2 years, the initial loan will be paid back to the project. The repaid loan will then be re-invested either in an expansion of the project or in a new development project.
Raising income for poor households by providing credit to them to purchase pigs in order to produce piglets.