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June 27, 2006

To Africa with Micro-Loans

A delegation of Washington State women and men are headed to Mali this next week to provide public, governmental and business relations support to the Fabric of Life foundation, a Washington based organization, that is opening trade routes and providing micro-loans to African women to reduce global poverty.  The trip is being documented by the World Trade Center of Tacoma, which is hosting a web journal of the group's meetings in Mali.  There will also be a community debrief at the University of Washington, Tacoma in August.

From their website:

While in Africa the delegation is tentatively scheduled to meet with the World Bank, Embassy of Mali, and President of Mali whose wife will preside over a ceremony to honor the micro-credit, development work of Schillios at the opening of the HEREMAKONO COOPERATIVE CENTER she founded. This center provides micro-loans and training for young women that at age 13-17 were found living on the streets of Bamako begging.

The young women receive literacy, healthcare and traditional arts training at the center. At their graduation, during our visit, they will be given micro-loans to start their own businesses creating traditional African arts and fabrics to be sold to tourists in Africa and resold in the US. The money is recycled back into their economy when interest on the savings of the business accounts generates a second round of micro-loans for new graduates.

My contact in the group, Jamie Chase, a lovely young woman, is still looking for tax deductible contributions to assist her in making the trip, which is entirely self-paid for all the participants.  If you wish to assist her, you may reach her through the above website.

Posted by Lynn Allen on June 27, 2006 at 01:08 PM in Washington Culture | Permalink

Comments

This is such a great ideea! I am interested in details regarding small tax deductible contrbutions. Thank you

Posted by: KD Wescott | Jun 27, 2006 2:54:48 PM

Yes. I have been looking for a way to support micro-lending for women around the world for a long time. I will probably attend the follow-up meeting in Tacoma and will report back on how to do this. In the meantime, if you can, send Jamie a few dollars for taking time out of her life (as a single Mom) to do this.

Posted by: Lynn | Jun 28, 2006 7:15:22 AM

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