Fundraising for Microlending in China

Dear Friends and Family,

Thank you for visiting our fundraising page!


My mom and I will be travelling to China from June 16th to July 3rd, 2013 to volunteer with PlaNet Finance. We are fundraising for a unique project called Tongwei II which is a groundbreaking collaboration between PlaNet Finance, the EU and China to provide China and the world with an example of green and sustainable, rural development. I've pasted some information below.

We were excited to find GoFundMe to help raise funds for micro-lending. The money will go with us to China where we will donate it to Planet Finance and oversee its distribution to a village in rural Tong Wei, a region in China. Thank you for your support! - John Kyle & Kathryn

BACKGROUND INFORMATION


From Rural Isolation to Market Integration: A Pilot Partnership
This project is co-financed by the European Union, Solvay-Rhodia, PlaNet Foundation and Citi Foundation. It has opened one of China's first resource and training platforms for poor farmers and it brings small loans to the county's outlying townships for income-generation activities and investment in renewable energy facilities.


Objective:
To provide China and the world with an example of green and sustainable, rural development


Activities:
- Extension of Microfinance to 27 villages in 6 townships
- 1,200 households of microfinance clients invest in biogas systems
- Approximately 3,000 new microfinance clients eligible for a multiplicity of trainings from six outlying townships (estimated average population per township 2,500 people) and villages (estimated average population 1,200 people in each village) in addition to the existing base of existing microfinance clients that is now 5,000-strong;


PlaNet Finance Funding Request:
In order to reach as many individuals as possible, we need to increase the loan funds circulating in the area. PlaNet Finance is seeking RMB 2 million or (Euro 200,000) of capital in the form of donations or interest-free loans to make this possible. If you or your organization is interested in supporting this groundbreaking project in rural China, please let us know
http://planetfinancechina.org/what-we-do/tongwei-ii




  • Sabrina Abu-hamdeh 
    • $50 
    • 97 mos
  • Anonymous 
    • $100 (Offline)
    • 97 mos
  • Jenn Dodsworth 
    • $200 
    • 97 mos
  • Judy Walker 
    • $100 
    • 97 mos
  • Anonymous 
    • $1,000 
    • 97 mos
See all

Organizer

John Kyle Moseley 
Organizer
Calabasas, CA
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