SALT Microfinance Solutions

SALT uses four unique teaching models

Microloan Program

Many people in developing countries want to provide for themselves, but they lack start-up capital. The microloan program takes funding from the United States and issues small loans for clients to start or expand small businesses. Clients then repay the loans as their income increases. In this way, donations are recycled to help someone else.

Savings Groups

Savings Groups simply provide structure and teaching that helps a community work together to save money so clients can take out small loans. SALT savings groups help the poor to become the solution to their own financial problems. Savings groups provide structure and teaching to help clients work together to save money. As savings accumulate, clients can take out small loans to start or expand businesses or to help provide for their needs during hard times. More importantly, the ongoing Bible-based teaching has a profound impact on group members. In some of the places where SALT operates, people are hearing the Gospel for the first time at savings group meetings.

Agri-Plus Program

The Agri-Plus approach helps farmers identify their resources and implement sustainable farming practices. Many farmers in developing countries struggle with agricultural development. While most of them have adequate resources to improve their farming practices, they often lack the necessary training to make progress.

Vocational Schools

Our goal for SALT vocational schools is to help people in underdeveloped countries develop useful, practical skills. Utilizing these skills will help people work their way out of poverty, contribute to the needs of their communities, and employ others who may not have business ownership skills.

Our first vocational school opened in Ghana in September 2016. This school focuses on auto mechanics. Initially, three students were enrolled, but the count quickly grew to five. Each day begins with a Biblical lesson, followed by a technical lesson. The students spend the rest of the day putting to practice what they have learned through hands-on mechanic work.

SALT uses three unique teaching models

The Microloan program uses funding from donors to issue small loans to start or expand businesses. Savings Groups simply provide structure and teaching that helps a community work together to save money so clients can take out small loans. The Agri-Plus approach helps farmers identify their resources and implement sustainable farming practices.