Reaching More Families in 2015
Written by Plant With Purpose on January 8, 2015 in General
For many of the rural poor, the opportunity to access traditional banking systems is extremely limited. In the Dominican Republic only 28 percent of adults living in rural communities have an account at a formal financial institution leaving the majority of the country without a traditional bank account.
That was the case for Eduardo Flores. With no place to save his money, Eduardo was at a loss as to how to accumulate enough money to purchase basic necessities for his house. He desired to increase the yield from his grove of cocoa trees but lacked the knowledge. However, two years in to partnering with Plant With Purpose, Eduardo’s circumstances are changing.
Eduardo is involved in the local Village Savings and Loan Association (VSLA). With the encouragement of Plant With Purpose, he has learned how to save money. And with these funds, he is making those household improvements and sending his daughter to school. Additional trainings have helped Eduardo increase the quality and improved the yield from his cocoa grove.
He requests, “I ask you to pray for an increase in wisdom as [VSLA]
groups continue to grow and for God to help Plant With Purpose facilitators
move forward with this important work.”
Together we’re providing alternatives to economic barriers for families living in poverty. Plant With Purpose’s tools and trainings—including VSLAs—are making a tremendous impact on families as they find financial stability. With God’s grace, 2015 will be a year of growth for individuals, communities, and country programs!