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The purpose of the micro-credit is to help families to leave their extreme poverty condition, to live their poverty with dignity. Based on Grameen Methodology, we started on February 2002, the Village Banks Program which is an effective tool to fight against poverty. The main features are:

Exclusively target to women.
Solidarity Guarantee.
A Community formed by the associated.
Weekly Payments.
Cycles of 16 weeks.

Village Banks are formed by 6 Solidarity Groups of 5 women. Each Group has a leader and they must elect a Bank Director among them.

The slogan of the Bank is: ”Unity, Discipline, Honesty, Hard Work and Courage. It’s our lifestyle”.

Some of our specific objectives:
1) Develop micro-entrepreneurs.
2) Make poor people become producers and direct dealers of their own products.
3) Contribute to extremely poor families in their way to relate with others, so they can practice equity and rights respect.

Related Links
www.hogardecristo.cl
www.sin-techo.org/

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