Community Credit Fund
2012 Projects
Affordable capital to launch small-business enterprises and to invest in more seeds and tools is hard to come by in Haiti. In partnership with Lambi Fund, members of community organizations are banding together to form community credit funds. Lambi Fund provides the much needed seed money to create the fund and trains organization members in credit fund management and bookkeeping. As a result, affordable loans are made to members at a rate of 1-5% and given flexible repayment options. The beauty of this model is that when the loans are repaid, the interest made grows the fund and allows the organization to make even more loans to members. The money stays in the community and these funds provide members with a much needed safety net and access to much needed capital to start self-sustaining community projects for years to come!
Grain Storage and Community Credit Fund
Youth Association of Sel
AJS: 255 members - 135 men, 120 women
In order to revive local agriculture and generate local employment opportunities, AJS is partnering with the Lambi Fund to build a grain storage facility, enabling AJS to purchase, store and sell affordable grain to its 255 members. Further, the Lambi Fund is helping AJS to expand its community credit fund, which will allow AJS to offer an additional 50 loans to farmers purchasing seeds for crop planting. In addition, Lambi Fund is providing technical assistance to AJS by training members on organizational capacity building, project management and grain storage facility management along with the resources and training to build a nursery and plant 20,000 seedlings.
Ox-Plowing Service and Community Credit Fund
Union of Planters for the Development of the Environment in Picot
UPLADEP: 42 members - 16 women, 26 men
UPLADEP wants to help increase farmers' revenue in Piko by providing ox-plowing services and a credit fund. In partnership with the organization, Lambi Fund is funding the purchase of six oxen and three ox plows and providing the starter money for a community credit fund. The community credit fund will allow UPLADEP to offer loans to 25 farmers. In order to ensure smooth operations, Lambi Fund is providing training on ox-plow operation, project and credit fund management, organizational capacity building and forage production. In addition, Lambi Fund is providing the tools, seeds, materials and training to build a nursery and plant 20,000 seedlings in the community.
Ox-Plowing Service and Community Credit Fund
Group of Women Miracle of Faith
GWOFAMIL: 52 members - 49 women, 3 men
GWOFAMIL's members would like to help farmers be more efficient by replacing picks, machetes and hoes with ox-plows. In order to achieve this, Lambi Fund is providing the resources to purchase six local oxen and three ox plows, as well as creating a community credit fund that will enable 25 farmers to obtain loans at affordable rates. Additionally, Lambi Fund is providing training in ox-plow operation, project and credit fund management, organizational capacity building, forage production and conservation. Seeds, tools, training and supplies necessary to plant 20,000 seedlings are being provided as well.
Community Credit Fund
The Organization of Farmers from Dikós
OPD: 70 members - 34 women, 36 men
Members of OPD have partnered with Lambi Fund to strengthen OPD's agricultural microcredit fund, with the aim of increasing crop inputs and harvest yields. Lambi Fund is providing resources to expand OPD's lending capacity and to build a 20,000 seedling tree nursery, as well as training in microcredit fund and organizational management.
Grain Storage and Community Credit Fund
The Association of Peasant Groups in Roji
AGPR-Roji: 304 members - 154 women, 150 men
AGPR-Roji's members are partnering with Lambi Fund to build a grain storage unit, enabling AGPR to store goods, such as seeds, peas, corn and peanuts, during the off-season. Using a grant from the Lambi Fund, AGPR has constructed a grain storage facility, purchased grains and created an agricultural credit fund for providing affordable loans to local farmers. The seeds, tools and supplies for a 20,000 seedling nursery have been provided as well. In addition, Lambi Fund is training members in project management, grain storage operations, and nursery management.
Ox-Plowing Service and Community Credit Fund
The Major Movement Fraternity
MFM: 70 members - 47 women, 23 men
Members of MFM are partnering with Lambi Fund launch an ox-plow service and community credit fund. Lambi Fund is funding the purchase of six oxen, three plows and ox-plow accessories and starter money for a credit fund which is providing farmers access to affordable loans during the planting season. Lambi Fund is also training members in project and credit fund management, while past Lambi Fund grant recipients in the area are providing training in ox-plow operation. Resources for the construction of a nursery, seeds and tools to plant 20,000 trees and training in nursery management are being offered as well.
Seed Bank and Community Credit Fund
Peasant's Association for the Development of Barye Batan
AGPDB: 75 members
Lambi Fund has partnered with AGPDB's members to construct a grain storage and seed bank facility, as well as a community credit fund to provide affordable loans to farmers planting beans, corn and millet. AGPDB has provided the land and labor to build the storage facility and a tree nursery. In return, Lambi Fund is providing the seed money for the credit fund, as well as the resources to build the storage facility, seed bank and tree nursery and purchase the seeds needed to plant 20,000 seedlings. Training in community credit fund management, grain and seed storage, organizational development and reforestation are being offered as well.
Community Credit Fund and Savings
Peasant Association of the Lower River Mansel
AGPBRM: 201 members
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Members of AGPBRM and Lambi Fund have partnered to create a community credit and savings fund that provides financial services to 40 women who need seed money to start small businesses. Lambi Fund is also providing the resources for AGPBRM to build a tree nursery, hire a nursery attendant and purchase seeds and tools to produce 20,000 seedlings. Training in microcredit management, organizational development and reforestation is being offered to members as well.
Tool Bank and Community Credit Fund
Association of Manioc Planters (APMA)
Lambi Fund is partnering with APMA to create a microcredit fund and a tool bank for 50 local farmers to increase manioc production. Lambi Fund is also providing manioc seeds and organic pesticides, the seeds and tools needed to produce 20,000 seedlings for a tree nursery and training in reforestation, management and sustainable agriculture techniques.
