About Trust Banks

Trust Banks,Women,

Poverty &Microfinance

a wonderwebby project

http://www.flickr.com/photos/hippie/2476672160/

herstory

This woman lives in poverty in the PhilippinesTo get ahead, she could start a business but...

http://www.flickr.com/photos/pikaluk/94179735/

dreaming of a

better day

..she has no collateral to get a bank loanand a loan shark could charge her

100% interest per day

http://www.flickr.com/photos/cdnphoto/2886687124/

stuckin

poverty

one day a microfinance loan officer gives an information session about Trust Banks.

She applies to become part of a Trust Bank with other women from her village

http://www.flickr.com/photos/grrrl/213137546/

hope

She is accepted into the program along with 15 to 30 others and joins in training with the loan officer for a few weeks

http://www.flickr.com/photos/pinksherbet/2969690080/

joy

Her trust bank chooses a name, a leader, treasurer and person to collect payments. Her initial loan is $70 to $300. She sets up a fruit stall, or bakery, or perhaps a shoe

store.

new day

http://www.flickr.com/photos/oliflorez/108342513/

The money she receives helps her to buy products in bulk, increase her variety of

products, or buy a bigger cart for her stallhttp://www.flickr.com/photos/backpackphotography

big dreams

She meets weekly with her Trust Bank members, learning about business,

making payments, receiving training and advice

http://www.flickr.com/photos/popkiss/2021036225/

freedom

The money she earns helps her to provide nutritious food for her family, better health care, education and

housing improvements.

impact

http://www.flickr.com/photos/backpackphotography/2317256629/

She is encouraged to become an agent of transformation in her community, to help combat poor sanitation & violence

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stronger

Six months later she has paid off her small loan, and she qualifies for another, bigger loan. The whole cycle takes two

years.

empowered

http://www.flickr.com/photos/grrrl/120006105/

Once her loan is repaid, the money is recycled to a fund a new

loan for a new, poor entrepreneur

REinvest

http://www.flickr.com/photos/backpackphotography

You can help finance a Trust Bank in the Philippinesby making a tax deductible donation of $2 or more

http://wonderwebby.chipin.com@wonderwebby

Women’s Opportunity, Opportunity International Australia

the real face