We are often amazed when we look at the income levels of people in developing countries. How can they can make it? Where do they spend their money?
SALT Microfinance Solutions
The SALT Agri-Plus program is helping farmers in developing countries find a way out of hunger.Our goal is to help farmers find solutions to these problems.
Polash* struggled with financial needs. He couldn’t provide sufficient food for his family. They requested a $35 USD loan from the savings group
Haitian farmers are excited about a new variety of bean they learned about through CAM’s SALT Agri-Plus program. The new yielded 57% more than the other.
People who have struggled to support themselves are discovering ways to provide an income.
SALT savings group members in Myanmar are excited about the gradual change they are experiencing. “Before the savings group started, I was borrowing money with 30 percent interest,” said Ma Pi, a widow with five children.
Over 234,000 hours of Biblical teaching at SALT meetings. We commit the spiritual harvest to God,who has promised that His Word will accomplish its purpose.
My husband and I recently accompanied the SALT team to a microloan disbursement meeting in a poor neighborhood of Tipitapa, Nicaragua. This microloan group started when Juan, a man from this area, asked CAM for money for woodworking tools. Our staff told him why we don’t just hand out money and informed him about the SALT program. Inspired, Juan then helped to get a microloan group started.
Win’s sewing business income was only enough to pay for her family’s daily food. But since joining a SALT savings group in Myanmar, she has learned to better manage her money and has even been able to save! Win used this money to buy a better sewing machine that is helping her produce more income…. Read more
Elijah is a small-scale farmer in Ghana, Africa. Before he became a SALT Agri-Plus member, it was difficult to provide for his family. He did not have a good way to store his grain, and insects and mice raided his food supply. “To feed my family, I had to go into debt,” he said.
Thousands in Nigeria have suffered at the hands of the Islamic terrorist group Boko Haram. Among those was Zacharia, his wife, and ten children.
Many Haitians thought they couldn’t save money. That is, until they applied the practical teaching from SALT microloan meetings. Now, the realization that they are able to save is giving Haitians hope for the future.
George, a SALT microloan client and poultry farmer in Ghana, specializes in egg production. When some SALT staff members attended a microloan meeting in his village in rural Ghana, he led them up a hill to where he has his barns.
Many parents across the globe are driven by a dream and hope to give their children more opportunities than they had themselves. But for more than 700 million people in the world who live on an income of less than $2 a day, it’s hard to accomplish that dream. Amolik and Labonya* in Bangladesh were… Read more
Shohel and Taslima* from Bangladesh owned almost nothing. They had no land to grow crops. Their house was barely big enough to sleep in. And Shohel struggled to find a steady job, making it nearly impossible to support the family. When Taslima heard about the SALT savings group starting in their village, she joined eagerly…. Read more