Friendship Bridge

Description

• Our mission is to empower impoverished Guatemalan women to create a better future for themselves, their children and their communities through microfinance and education. Friendship Bridges average loan size is $350 over nine months with a 2.6% monthly flat interest rate, and our clients maintain a 98% loan repayment rate. Non-formal education lessons are provided to clients each month during their loan cycle. With these tools, Friendship Bridge clients expand small businesses such as weaving, embroidery, raising livestock or poultry, basket making, roadside vending, or growing fruits and vegetables for sale at the local markets. As clients are with Friendship Bridge over time, many of them also start additional businesses. Profits from the womens businesses boost overall household income, as well as self-esteem. As loans are repaid, they are re-loaned.To borrow through Friendship Bridges Microcredit Plus program, women must first form groups of 7-25 members called Trust Banks. Each Trust Bank co-guarantees individual members loans and participates in the non-formal education sessions that are part of every monthly loan repayment meeting.Our vision? A world in which empowered women eliminate poverty. Join our cause today.www.friendshipbridge.org
• 

  Headquarters:405 Urban Street Suite 140, Lakewood, Colorado, United States

  More
• 

  Phone Number: +1 303-674-0717

• 

  Website: https://www.friendshipbridge.org

• 

  Employees:68

• 

  Revenue:$10 - 50M

• 

  Legal Name:Friendship Bridge

• Friendship Bridge's Social Media

  
• Is this data correct?

• |  NAICS Code: 813319  |

  Show More