UST MICROCREDIT PROGRAM CASE STUDY

Shandana received a $500 loan from UST MCP

Shandana, 46, is a mother of 6 school going children in the remote village of Mominabad, Hunza (Gilgit - Baltistan).
She received training in honey bee keeping from Hashoo Foundation in June 2009 and earned Rs. 4,000 ($ 50) from one hive that was provided to her by Hashoo Foundation. In the harsh winter of the Northern Areas of Pakistan, she now needs 5 hives worth $500 to increase her income for the coming season.
Click here to learn more about the UST MCP CED beneficiaries.

OWL MICRO FINANCE CASE STUDY

Gamburi received a $350 loan from Owl MF

Gamburi, 46, resides in the village of Chatorkhand, Gilgit, and has 5 school going children. Her husband has a mental illness that restricts him from working full time. One of her 4 daughters is very bright and received a scholarship from Aga Khan Educational Services. Gamburi wants all her family to excel in their studies and to afford this got trained in honey bee farming this year after Hashoo Foundation identified her as a potential beneficiary. She started production with one hive, provided by Hashoo Foundation and now requires $ 350 to increase her income and secure help secure her family's future.
Click here to learn more about the Owl MF CED beneficiaries.

---

MFI UH CASE STUDY

Zar Bano received a $500 loan from MFi UH

Zar Bano, 45, is a resident of Sultanabad, Gilgit-Baltistan. She has 6 school going children and 11 dependents overall and her only source of income is from honey bee farming. She started from one box after receiving training from Aga Khan Rural Support Program. She also attended Hashoo Foundation's refresher course. Zar Bano wants to further expand her small enterprise, so that all her kids can get a proper education. She requires $ 500 to buy more hives to increase her income and materialize that dream.
Click here to learn more about the MFi UH CED beneficiaries.

SAHARA FUND REPORT APRIL-JUNE 2009

Click for full size document  Sahara Fund Report April-June 2010

CLINTON GLOBAL INITIATIVE UNIVERSITY FEATURES UST MICROCREDIT

 

They've seen the pictures before -images of microfinance beneficiaries and projects around the world - but as four University of St. Thomas MicroCredit Program Student Board members watched a slideshow of those familiar photos before an audience at the Clinton Global Initiative University (CGI U), suddenly, the summation of three years of hard work came into view.

Haroon, Joseph Konkel, Thomas Barnes and Michael Black represented the UST MicroCredit Program (MCP) at the Clinton Global Initiative at the University of Miami.
"Here at UST, we are all so focused on the details to make each project move forward that we don't see the bigger picture," said Hiba Haroon, "When we were being featured at CGI U, we saw all that we have accomplished. It was neat to take a step back and see ourselves from the audience perspective."
Haroon, Joseph Konkel, Thomas Barnes and Michael Black represented the UST MicroCredit Program (MCP) at the Clinton Global Initiative at the University of Miami from April 16-18. Each year, CGI U hosts a meeting of nearly 1,500 students, national youth organizations and university officials to discuss solutions to pressing global issues.
In their second year to attend CGI U, University of St. Thomas MicroCredit was named a "featured commitment." A video highlighting UST MCP was shown at the poverty alleviation workshops. Of nearly 1,000 commitments, only about 20 were featured. The students were presented a certificate by actress Heather Graham.

Read more

---