Friday, November 15, 2013

Small Business Development Indiegogo Campaign

Although it may seem that the majority of our time here in Ecuador is spent playing with adorable children and cute puppies, we've have in fact also been working diligently at improving and expanding all of our programs.  Of late, the Small Business Development team has taken on with great ambition the goal of doubling their lending capacity for the upcoming lending cycle to start in January.  In an effort to raise enough money to do this, the SBD team has launched an Indiegogo Campaign with the goal of raising $2,800 in sixty days through in-kind donations.  This would give our humble, yet highly effective, sustainable micro-finance program the opportunity to grant up to twice as many loans (with 7 loan recipients in the current loan cycle) as well as the opportunity to look outside of granting solely to agricultural based small businesses and to perhaps expand their portfolio of loan recipients.  The campaign was officially launched around 8pm EST last night and as of this moment has raised $110- a great start, but we still have a long way to go!  This is a very exciting time for the Small Business Development program in Ecuador so spread the word to everyone you know!

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