The Rainbow Network’s micro loan program has allowed thousands of families and graduates from our high school scholarship program to begin their own businesses. Currently, Rainbow Network is operating 251 “community banks” that are serving 2,125 beneficiaries and their families.
Micro loans are getting lots of press latey thanks to the efforts of some high profile advocates. With years of experience delivering micro credit services to the people of rural Nicaragua, we at Rainbow Network are thrilled with the attention this valuable tool for ending poverty is receiving.
On a recent trip to Nicaragua, Rainbow Network Board of Directors member, Charlie Sauer, recorded a video a tour by one young entreprenuer of his chicken farm and the success he is having. You can see that video by clicking the link below.
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