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Community Loan Fund Group ¨Las Milpa¨ from the community of Río
Blanco, Quimistán, S.B., Honduras
Sustainable Harvest has been providing support to 12 families in our
community of Río Blanco (White
River in English)
over the last few years. However with
the arrival of Salomón, the new technician with the organization, we have seen
a lot of progress.
Six men, all active group members and heads of households, recently
received approval for a project to establish a small store. The store will buy and sell corn, beans and other
bulk products. This project started on May 27,
2004 with Trickle-Up
funds.
At this time we were given the equivalent of $375, which we immediately
put to work making the initial purchase of supplies. One of the group members has volunteered the
use of a room in his house for the store and other members have lent their
metal grain bins to the project for the safe storage of the grains. Another family has also agreed to take on the
sales responsibilities in the store.
We are currently revising the store's finances and in the latest
inventory we had products worth $415. To
that sum we can add almost two additional tons of corn, worth $353, that has
been purchased. In total, the $375 given
at the outset of the project has grown to $790.
We have more than doubled the money in nine months!
It"s true that within this total is also any profit we may have seen,
since at this moment we want to grow the capital of the business. We don’t even want to pay ourselves for our
work because our plan is to grow the business in order to see a larger benefit
in the future. Besides, the business has
much more than just its economic side, but also allows the families to buy
cheaper products closer to where they live.
In the case that one of the families is without money to buy corn, we
can provide them with it.
We have also worked together to cultivate almost two acres of land,
where we have produced dried beans. We
have sold these beans and the money from the sale we have saved in the “rural
bank” that Harvest has helped us to establish.
Little by little we are improving and growing. We know that with sacrifice and work we are
slowly improving the economic situation for ourselves, our families and our
community.
-Hipólito Member of the business management team
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