Everyone in the charity world is throwing around the term “microfinance” as the way to help change a poor community. Microfinance principles are based on investments made in the community through small, or micro loans, and then letting the community help themselves through the creation of jobs. Microfinance is something CRF has been dabbling in for the past 5 years, and in those 5 years we have learned what types of projects work the best. It is especially tough in Africa where the loan default rate is very high in microfinance banking. To be successful in Africa, one has to understand the culture of money in Africa. Money is not saved in Africa, it is spent. If you have money… Read more »
Posts Categorized: Africa
(This is a featured post from CRF President Milton Jones’ blog Through Orange Colored Glasses.) It’s been hard to get malaria off my mind this week. Since World Malaria Day is tomorrow (April 25th), it has been one of those messages that I have heard over and over again. Malaria bothers me. I’m told nearly 2000 a day die of it. But it is not like AIDS where there is no cure. There was a cure over 100 years ago. But it got personal with me a few weeks ago.
Guest post from CRF President, Milton Jones. Check out his blog Through Orange Colored Glasses. UPDATE: Since the original posting of this blog one year ago, hundreds of people have given to make sure others have access to clean water. CRF has been able to drill multiple wells in the Horn of Africa. And our wells have given access to clean, plentiful water to thousands of famine refugees. A little over a month ago, I stood in Turkana, Kenya at the dedication of one of these wells… I saw the product of our donors’ sacrifice and I saw joy on every face. Thank you for giving. Your support is changing lives and transforming communities. Here’s a video from Turkana. Turkana… Read more »
I have often wondered where the term, “a mixed blessing” came from. It seems counter to what a blessing really is. How could there be negative attachments to blessings? Maybe “negative” is too strong a word, maybe I can use the word, “challenge” to describe the situation. This is the time of year when school starts in Kenya and other countries in Africa. The Kenyan school year starts in January and ends sometime in November. The kids go to school year-round, and only have a big block of time off around Christmas. With the new school year, we receive requests to help get school fees paid for our secondary school students. This is much like high school for the U.S…. Read more »
This is an article from CRF’s March newsletter. Sign up for our eNewsletter here! There is a popular book out called When Helping Hurts. Although it has some good material, I don’t really care for the title. I wish someone would write a book called When Helping Helps. Some economists from Yale and Columbia recently wrote a book called More Than Good Intentions. They studied charitable works around the world and found that some were good and others were not. Their conclusion was to find one that is helping and support it immensely. And don’t support the ones that aren’t doing a good job. I think that is a good analysis. There are so many good efforts that are really helping… Read more »