Microloans
How we help
The loans are provided mainly to poor women of rural villages and remote areas for income generating activitives, although never to a single person but to groups of women of up to 300 people. The loans enable poor women to start their own small businesses, for example: farming, market stalls or rice husking, and generate income for the family. Often this enables families for the first time to get access to basic medical care and to send their children to school.
The Princess Inaara Foundation supports Microloans projects in collaboration with with the German aid organisation Hilfe zur Selbsthilfe. Together we select and fund specific projects in developing countries such as Vietnam, Pakistan, India, Cambodia and Philippines.
The Princess Inaara Foundation contributes funds and raises awareness for those microloan projects through German aid organisation UP MicroLoans (Hilfe zur Selbshilfe). The repayment rate is very high at around 95%. As a result the loan capital can be reused for other projects at all times.
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