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More than Money: Micro Editors

May 7th, 2012 Post date
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Last Wednesday, at our weekly chapel service, we took an hour to thank the amazing volunteers who make our work possible.

Did you know, every loan and update you see posted on our website is first reviewed and edited by our amazing team of volunteer editors? We couldn’t exist without them!

As our site grows, our team of volunteer editors is also growing. Interested in joining their ranks? We’d love to have you as part of Team Micro.

You can apply via World Vision’s Volunteer Opportunities webpage.

* * *

Are you passionate about empowering women and men around the world to achieve their dreams by starting their own business? Are you looking for a way to get involved in changing the lives of children and families around the world – from your own home?

Join in World Vision’s mission to empower hardworking men and women in poverty through microfinance. Volunteers review and edit the descriptions of loans and prepare them to be posted on the website (www.worldvisionmicro.org).

Required Skills

Volunteers must be:

  • Available at least 4 hours a week
  • Comfortable working on the computer

Required Experience

Volunteers must have:

  • Strong reading and writing skills
  • Access to a computer and internet access
  • An email address
  • Fluency in Spanish or French is not required, but is beneficial

Job Location

  • Wherever you are!

2011 VisionFund Annual Review

March 27th, 2012 Post date
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VisionFund is the microfinance subsidiary of World Vision, dedicated to providing financial services to the poor.

VisionFund Annual Review 2011

VisionFund is proud to release its 2011 digital online annual review.

Click on the 2011 annual review’s front cover or the link below to access their yearly global highlights complete with a message from senior leaders, strategic priorities, financial and impact outcomes, and digital media.

View their annual review on your computer, smart phone, or tablet

To request hard copies, please email: weare@visionfund.org

Three Year Strategy Report

Along with the annual review, VisionFund has released its three year strategy report.

Outlining its clear vision over the next few years, learn how the microfinance network aims to impact 3.5 million children each year by 2015.

View their strategy report on your computer, smart phone, or tablet

To request hard copies, email: weare@visionfund.org

 

 

 

 

Gettin’ lucky

March 17th, 2012 Post date
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Is there really such a thing as luck? Do things happen by chance? Whether it’s luck, coincidence, or ordained by God, it cannot be denied that some of us seem to have more good fortune than others. And while I’m thankful that I have the opportunity to live in a prosperous country, be in a caring relationship, and openly worship my God, others are clearly not so “lucky.”

Even Ecclesiastes 9:11 states, “I took another walk around the neighborhood and realized that on this earth as it is—The race is not always to the swift, nor the battle to the strong, nor satisfaction to the wise, nor riches to the smart, nor grace to the learned. Sooner or later bad luck hits us all.”

Irene was a newcomer to her village when her husband was shot and killed during a robbery.  Devastated and left on her own, with one young child and another on the way, Irene’s life was changed forever.  “Life was difficult in those early days,” says Irene, “I had to sell kale (a vegetable) door to door, often with my baby strapped on my back.  My toddler could not go to school, because I couldn’t afford the school fees. . . . At the end of the month I was barely able to pay for my rent (US$10 per month) and buy food for the children.”

“Then, one day a friend of mine introduced me to [World Vision],” says Irene.  She took out a loan of $255 and bought goods to set up a small shop. Within six months, she had repaid her loan and enrolled her daughter in kindergarten.

Not long after this, and with the help of a $500 loan, she opened a second shop which her unemployed brother could operate. Again, Irene was able to pay back her loan within 6 months.

In addition to her two stores, Irene also now runs a small taxi business. Her daughter Mary is a junior in high school, and her younger daughter is in primary school. Asked what her future plans are, Irene says, “Now I am saving up for a home of my own.”

Psychologist Richard Wiseman has studied the principles of good and bad luck.  He conducted experiments which showed that we can actually influence our own luck.  In fact, he identified four critical factors in those who are often “lucky.”

  1. Maximize chance opportunities
  2. Listen to your intuition
  3. Expect good fortune
  4. Turn good luck to bad

 

I found this list interesting because while we can choose how we respond to opportunity (#2), we can be hopeful and vigilant (#3) and we can take action when opportunity presents itself (#4), not everyone has the same chance opportunities(#1).

Irene’s story underscores the value that giving those chance opportunities provides to people who, through no fault of their own, have been “unlucky.” Irene had the skills, innovation and determination to succeed in life.

All she needed was a chance. Thanks for giving her one.

P.S. Happy St. Patrick’s day.

More than Money: Knit for kids

March 2nd, 2012 Post date
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Maria Fructuoso Mendoza helps support her family by selling scarves and rugs she knits herself. (www.worldvisionmicro.org)

Every now and then I spend some time on our website, reading and editing loans. It’s important to me to stay connected to the hardworking people we serve. I love looking at the photos and reading their stories. It always also reminds me just how much we have in common.

For example, today I came across a woman in Mexico who supports her family by knitting scarves, rugs, and handbags. When I think of how long it takes me to finish a simple washrag, I’m glad this isn’t my job! But Maria Mendoza is a great example of how our hardworking loan recipients use their skills and talents to lift their families out of poverty.

It also reminded me of a World Vision program which allows folks in the United States to use their skills and experiences to benefit others: Knit for Kids.

Knit for Kids was started in 1996 in partnership with Guideposts magazine as a way to send hand-knit or crocheted sweaters to children in need.

Since it’s inception, it’s grown to 11,000 active knitters who together made 63,000 sweaters last year alone.

Completed sweaters and caps are sent to children as far away as Armenia, Nicaragua, Swaziland and Tanzania, and as close to home as Appalachia, New Orleans and the Bronx.

If you’re a knitter or crocheter and you want to get involved. it’s easy. 

Patterns are available for download online. Get together with a group of friends, your church group, or knit them on your own. Then ship the completed sweater to our Pennsylvania distribution center.

Learn more about Knit for Kids  or download a pattern today!

 

 

 

Love . . . Micro Style!

February 14th, 2012 Post date
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Growing up, I loved watching the TV show “Love . . . American Style.”  It was part of our Friday family lineup along with the Brady Bunch and the Partridge Family.

Well today, in honor of Valentine’s day, we bring you “Love . . . Micro style.”

Sure, many of our entrepreneurs already have families and their primary goal in establishing or building their business is to create better opportunities for their children

But we also have some young entrepreneurs who want to build up a business and income BEFORE they marry.  (and isn’t that what every parent wants for their children? Such a good responsible thing to do!)

Here are two of them:

Emmanuel and his cow

Emmanuel took out a $550 loan to buy cattle -- www.worldvisionmicro.org

Emmanuel

Emmanuel is 21 years old and single. He has custody of a young relative whose parents died. He supports the two of them by buying and selling cattle.

With the profits from his business Emmanuel hopes to be able to pay for his orphaned relative’s education and save money for his future marriage.  In fact, he says his prayer request is “that he would marry and have children.”

Emmanuel has now paid back his loan. Surely there’s a lucky lady in his future!

Jean Claude

Jean Claude took out a small loan to expand his shop . . . and improve his marriage prospects. -- www.worldvisionmicro.org

Jean Claude is a 23-year old shop owner. He is single and lives with his mother in a southern province of Rwanda.  He used his $450 loan to expand his shop and bought mens’ clothing, cooking oil, soap, and rice.

He wants to save to buy his own house so that he can get married. But that doesn’t mean he doesn’t love his mom. In fact, in the final update, field officers reported that he was pleased that he was better able to care for his mom thanks to the improved profits. Such a nice boy!

The good news is that both of these loans were made possible thanks to donors like YOU. And hopefully that means that these hardworking men are one step closer to finding true love.

Happy Valentine’s Day!

Love, Micro

 

 

 

 

The power of . . . Power!

February 7th, 2012 Post date
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Imagine trying to do your homework with one kerosene lamp. --worldvisionmicro.org

After Seattle’s ice storm a few weeks ago, many of my peers lost power–some for several days. While most bemoaned the lack of heat & lights, some enjoyed the break from the speed of life in the 21st century. Curling up in front of a fire with a good book is a rare treat, and (let’s face it) cell phone batteries last a lot longer than they used to.

Contrast this with a recent article in The Economist which examined the affect of access to electricity on development.

According to the article, around 1.5 billion people, or more than a fifth of the world’s population, have no access to electricity, and a billion more have only an unreliable and intermittent supply.

Considering how debilitating folks around here found the lack of power, imagine a life where no one had power, no one ever had, and no one would in the foreseeable future.

But technology is bringing power to the remotest places. Solar panels have gotten cheaper and more efficient in recent years.

“This could eliminate kerosene lighting in the next ten years, the way cellphones took off in about 13 years,” says Richenda Van Leeuwen of the Energy Access Initiative at the UN Foundation in Washington, DC.  Access to solar energy would have a number of benefits. In the developing world families may spend as much as 30% of their income on kerosene, and kerosene lighting causes indoor air pollution and fires.

World Vision’s implementation of solar power was featured in the Spring 2012 issue of World Vision Magazine. A solar powered computer lab was recently installed in a rural project in  Zambia. the lab is the result of a partnership between World Vision, Hoops of Hope, and Intel Education Service Corps–which provided technical expertise and training. In addition to computers, the lab also features low wattage lighting and fans.

Solar Powered Computer lab--World Vision Zambia

A solar powered computer lab gives students more opportunities. --worldvisionmicro.org

Another idea is to use locally available biomass (which uses both animal waste, or inedible plant matter such as rice husks) as a feedstock to generate power for a village-level “micro-grid”.  Wires are strung on cheap, easy-to-repair bamboo poles to provide power to an entire village. You may remember the story of Dukale (from the World Vision & Hugh Jackman documentary “Seeds of Hope“) who uses a system to trap the methane gas from animal waste to light his home and cook food.

Just a few ways we can empower . . . with Power.

CES isn’t the only place to find innovation

January 12th, 2012 Post date
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A lot of folks are excited this week about the Consumer Electronics show happening this week in Las Vegas.

And while I love a good bit of technology, CES isn’t the only place to find innovation. In fact, sometimes the best innovation doesn’t have anything to do with technology.

For example, because of the innovative partnership between World Vision and our sister organization VisionFund, we are able to provide a higher quality of microfinance.

Here are a few more examples of what makes World Vision’s microfinance program truly innovative:

Rural Challenges: Most of the world’s microfinance services target urban centers, neglecting the poorest populations living in rural areas. World Vision’s specialized rural credit programs bring growth to impoverished farmers.

AIDS Pandemic: In several African countries, our microfinance interventions are sustaining communities where the workforce has been decimated by HIV and AIDS. The integration of credit opportunities for orphans and widows with World Vision’s HIV/AIDS response is helping to boost vulnerable local economies and protect vulnerable children.

Gender: We specifically seeks women as clients because of the empowerment opportunities and the lasting impact it brings to their families and communities. VisionFund’s approach recognises that women often face unequal access to participation in the world’s economic system.

Emergency & Disaster Relief: Microfinance programs can lessen the harsh effects of disasters by strengthening household income, making goods and services available again, and boosting savings to act as a cushion in the event of future disasters.

Download this pdf to learn more about our Innovative integrated programs


Investing for Impact? Invest in a woman

January 9th, 2012 Post date
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Let’s face it. We all love a nifty infographic.

I mean, a pictures worth a thousand words, but a picture WITH words . . . even better!

Recently, a friend sent me this nifty infographic (thanks Casey!) created by USAID. It describes just a few of the ways that investing in women has a greater impact.

For example, when women have the same amount of land as men, there is over a 10% increase in crop yields.

However, women own a mere 1% of the world’s property.

Women use an average of 92 cents of each dollar of extra income to improve their children’s lives and education.

Unfortunately, women earn only 10% of the world’s income.

But there is hope! Many organizations make a point to target women and girls as beneficiaries of their programs, including World Vision and Micro.  Nearly 70% of our entrepreneurs are women.

The World’s Women 2010 (a report published every 5 years by the United Nations) shows that while progress towards gender equality has been made in some areas, such as school enrollment and access to healthcare, there is still a long way to go.

Consider investing in a woman today.

PS. you can learn more about how World Vision is working to empower women and girls here on the main World Vision blog.

 

 

 

 

Copra: What is it?

January 6th, 2012 Post date
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Every now and then I see a loan for a business on Micro and I have absolutely NO IDEA what it is for.

Case in point: copra.

Merlinda requested a $150 loan for her business making copra --www.worldvisionmicro.org

If you look through our loans from the Philippines right now, you will see several loans for entrepreneurs whose business is “copra”.   Here’s just one example: Merlinda.

A little research on good ol’ wikipedia reveals that copra is coconut meat that has been dried. Often times it is then pressed to make coconut oil. One the oil has been removed, the remaining copra cake can be fed to livestock.

That’s it. Pretty simple. But it’s simplicity is what makes it a good business.

Coconut is easy to grow, easy to dry, and in high demand once it’s been processed.

I’m happy to say that Merlinda’s loan was quickly funded and the first update is also available if you click the update tab.

 

Why I’m especially thrilled to welcome Ethiopia to Micro

December 28th, 2011 Post date
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Today I am thrilled to welcome VisionFund Ethiopia to Micro!

Ethiopia is dear to my heart for two very different reasons.

When I joined World Vision seven years ago, my first field visit was to Ethiopia. It was a beautiful country, and I met many amazing and dedicated staff there. World Vision has been working in Ethiopia since 1971. (There’s a great article from the Summer 2005 issue of World Vision magazine about our work in Antsokia Valley during the drought.)

I was visiting projects dedicated to preventing child labor. In the course of our travels, I saw many children who had been sold into bonded servitude by parents struggling to survive.

Let me be clear: children are loved and valued in Ethiopia.  But their parents saw this fate as preferable to watching them or their siblings slowly starve.  It was also not uncommon for parents to be tricked–told their children would be doing light domestic work and attending school in the city but then never seeing their children again.

Mesele has been working as a full-time weaver since he was six, over three years. His parents sold him to a man, who told them he would be taken to school in Addis. Instead, he was sold to the weaver. He will work here until he is around 14, when his "cost" has been repaid.

A young girl spins thread in a weaver's shop. Local workers estimate that she is about 5 years old, and works 10+ hours a day

 

A boy, around 11, works all day fishing at the lake and then sells them to feed his family. Alligators are a real danger.

These children, as  young as four, worked 14 hour days. It was heartbreaking.

And while World Vision works to identify where children are working and help them, the real solution, the best solution is PREVENTION.

By giving parents the tools they need to earn an income, they can care for their children and their children won’t need to work. And when you fund a loan through World Vision Micro, you’re doing exactly that!

Oh, and the second reason I love Ethiopia? My nephew Frew was born there and adopted by my sister and her husband when he was four. He is 16 now, and a happy, healthy young man.

But I can’t help but remember those children I met in Ethiopia and pray that their futures can be bright as well.

PS. You can learn more about Ethiopia here.

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