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TIAW’s 25 in 25 Campaign A Success – Over 30 Village Banks To Be Funded In Developing Countries Including Tsunami Relief
The response to TIAW’s 25 in 25 Campaign to raise funds for 25 Village Banks in honor of TIAW’s 25th anniversary has been fabulous.We have received commitments to fund at least 30 Village Banks around the world including in areas devastated by the recent tsunami disaster. To help reach these ambitious goals around the world, TIAW has created an online donation capacity so you can now make a contribution to a Village Bank of your choice in a designated country.Please click here to make an online donation to the TIAW Microenterprise Development Program.
Village Banks extend small loans (microcredit) to women to start or expand a business allowing them to care for themselves and their families. With a loan repayment rate of 98%, these women are the world’s best borrowers. TIAW ‘s 25 in 25 Campaign is part of a global celebration acknowledging the United Nations designation of 2005 as the “International Year of Microcredit”. TIAW wants to acknowledge its associations and individual members for their efforts to raise money in their local communities as part of this campaign.
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