Provide Project Microloans (give specific project description in cart if desired)
Provide Craft Microloans (give specific project description in cart if desired)

Loans For Business or Residence

Ancient Ways began providing micro-loans as one of the first ways to offer assistance to the rural residents.  For example, the initial donations on the March 2000 visit were used to begin a chicken raising business.  Since that time numerous opportunities to borrow money and earn income have been made available, as well as helping families with a life crisis expense.  All loans have been given with no-interest and so are called ‘soft’ loans.

Microloans are given for both projects, for instance adding a room to their home, as well as entrepreneurial enterprises. Hardship aid is provided for loans and general family support when there is a traumatic event or tragedy. Some microloans have been extremely successful and some have failed miserably.  The hyper-inflation, raw materials availability, and lack of training resources have created challenges above and beyond the norm we can imagine. Our successes have included:

  • A woodworker business (there is a large demand for coffins)
  • Certified maize seed loan to generate great crops (we ask them to repay the loan by contributing maize to our food budget for the preschool)
  • Raw materials for the creative use of textiles and hand work (we have exported many items over the years, this group started with 6 women and now there are over 30 involved)

Other highly successful loans have been provided to staff for such things as:

  • hut building so that male and female children can sleep in separate quarters (many residents unexpectedly receive the children of their siblings due to their death)
  • purchasing goats for meat production
  • buying donkeys to help with plowing

Thank you for your help with this aspect of our projects!