MICRO CREDIT OR COMMUNITY LENDING SYSTEMS FOR RURAL MADAGASCAR

Most villages are in remote areas in Madagascar as poor subsistence farmers, nobody is willing to lend them money for e.g. seeds, life stock or tools, so they turned to Zahana for help. Word of mouth travels fast in rural areas as they had heard that Zahana launched a small microcredit pilot project in Fiadanana in the fall of 2007.

Zahana launched a community based microcredit fund to address this issue in Fiadanana and in Fiarenana. A small organization on a shoestring budget, Zahana does not have the financial means to implement such a program without help from outside donors

What is micro credit? - Read more to find out

Also see: Potatoes - a seed fund project in Fiarenana

• A second gardener for the village of Fiadanana - Growing trees for the seed fund

Zahana has currently a dedicated microcredit project with GlobalGiving. Click here to learn more

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