Microcredit Program: Transforming Small Businesses and Breaking Cycles of Poverty

Microcredit programs provide small, affordable loans to individuals who lack access to traditional banking systems, particularly in low-income and marginalized communities.

These loans—often less than $400—allow entrepreneurs to start or expand small businesses, such as selling goods, farming, or providing services. For those without access to traditional financial resources, including credit or generational wealth, microcredit serves as a bridge to economic empowerment and self-sufficiency.

We will be setting up groups to participate in a rotating loan program.  Members pool resources, and loans are distributed on a rotating basis. Once a borrower repays their loan, the funds become available for the next participant, creating a cycle of opportunity and mutual support.

For orphans or individuals without generational wealth, microcredit is especially transformative. Lacking family financial support or assets to fall back on, orphans face immense barriers to economic independence.

Microcredit empowers these individuals by providing them with:
Access to Capital: Even a small loan can help them purchase materials, tools, or inventory to build a sustainable income source.

Economic Independence: By starting their own businesses, they can break the cycle of poverty, providing for themselves and their families.

Skill Development: Running a business helps build financial literacy, management skills, and confidence—essential tools for long-term success.

Community Networks: Programs like rotating loans foster trust, cooperation, and social connections that provide support beyond finances.

Microcredit may be small in size, but its impact is mighty, offering hope and opportunity to those who need it most. For orphans, it represents more than financial aid—it’s a chance to build a future they can be proud of.