Feed the Children helps Liberian business
July 05, 2011
A small loan from a Twyford-based children’s charity is helping to transform the life of a family in Liberia.
Feed the Children (UK) has helped 35-year-old Saba set up her first bank account in order to run a shop and support her two sons, aged eight and 14.
Brian Main, chief executive of Feed the Children (UK), and overseas development manager Alison Hunt paid a visit to Liberia earlier this month to find out how the money was benefiting Saba and her family.
Mr Main said: “For Saba to earn enough money in her community is extremely difficult but she is ambitious for her sons as she realises that education is the passport out of poverty.
“This micro finance loan means she can buy in quantity from a wholesaler to make more profit so she can support her family and look to a brighter future.”
The charity gives micro loans of up to £200 to needy people with a business idea allowing them to repay the loan in nine months after a three-month break.
During the visit to Liberia Mr Main and Ms Holt saw how the loan has transformed Saba’s life by allowing her to rent a small space in her local community market and buy in products such as cooking oil, chilli, peppers and salt to sell.
For more information or to make a donation to the charity visit www.feedthechildren.org.uk.