Dare To Dream believes that education on business management is the foundation of empowering families, in helping them to be lifted out of poverty. After these families go through our Business Training we monitor and see what they do with this new knowledge.
The truth is that even after our selection process not everyone is ready for outside financial assistance. But those who show great initiative and are serious about their success, we will give them the opportunity of getting financial support through a micro loan.
Our micro loan program has two different options. One, Individual Loans. Two, Group Loans.
Our Individual Loan are only given to people who show great improvement and have a lot of potential. These people have used the business training to their advantage and have made changes using their new knowledge.
One of those people you see to the right; Martin.
Our Group Loans have started March of 2017. We started this after evaluating our program, and how we can be more efficient and helping people on a long term base. After we have trained groups, they will register as a SACCO (Savings and Credit Cooperative Organization.) We grand this group a certain amount that they start with. Then the group manages the loans, repayments, and monthly member contribution. When we train a new group in that area, we will encourage this group to become members of this SACCO. The group is now run by the locals and for the locals. The group continues to grow and serve the people from it's community with limited to no say by Dare To Dream. Which is exactly what we are looking for, work our selves out of a job.
To continue to empower these families we do rely on out side donations. As you can see, one donation will go on and on and on. If you are interested in making a donation to our program kindly contact us by sending us an email.
Micro Loans or 'very small loans' to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. - Wikipedia