AFRICA MICRO FINANCE & OUR MISSION
Our mission is to be the best in the world in micro hydro electric and water resource management: by evolving innovative damless hydroelectric and water transfer technology. We create Today’s Tall Tree Nurseries to support Micro Finance for women farmers and their families using the Carbon Tax Fund, a new form of foreign aid. We export Mechanization into Africa for more productive agriculture.
Living Water Micro Finance in Africa is available from LIVING WATER MICRO FINANCE Inc., a non-profit corporation. Farmers can borrow small sums of money for seed and land rental on a short term basis.
Combine the HUG with the Micro Credit available from LIVING WATER MICROFINANCE Inc., a non-profit corporation and you have a winning combination. Farmers can borrow small sums of money for seed and land rental on a short term basis. They will have access to new fresh water and a low cost micro irrigation systems for their farms. Add fertilizer to the formula and you have three season/year of farming.
The Global African Village Problem:
In Uganda, as in much of Africa, women own about 40% of businesses with registered premises but only receive about 9% of commercial credit. Women entrepreneurs are woefully under-served, even though often women are a better credit risk than men as they do not spend their money on drink.
Differences in land tenure rights between men and women have historically left women disadvantaged, with less access to credit and markets. According to customary law in patrimonial communities, a widow will only inherit her husband’s property if there are no male heirs.
Africa Micro Finance
Let us look at the human side of Low Interest Micro Finance :
“I got a loan from a Micro Finance company and planted mango grafts. It was difficult in the beginning because there was no income from the trees [during the first five years], and still I had to work very hard. I had to water and care for the trees and also work as a daily laborer whenever work was available. But when the mangoes began to bear, I had income every year. I could repay my loan easily. Then I was able to dig a well, and now I have water year round. Now that I have water I can run my own farm.
God has much to do; He is very busy running the universe. He does not need to take care of my farm anymore. Now I do that myself.”
Tom’s life transformed by micro-loan in Uganda
LIVING WATER MICRO FINANCE TRUST in Uganda provides comprehensive management, leadership and business training to our groups so they become capable to manage their own business affairs including the operation of an internal revolving loan fund.
The current lending rate to poor people is 34% per YEAR by standard micro-credit lenders in Jinja Uganda. But because its members are poor with no collateral, the standard lending rate for them was still the same 34% as any new group getting their first loan. If they had collateral such as land or a car, they could receive a 24%/YEAR rate loan. Many borrowers had been receiving standard micro-credit loans for over 10 years, and they were still as poor as the day they started their loans, still living on less than $1 per day.
That’s terrible: it’s usurious.
LIVING WATER MICRO FINANCE Inc. in Africa has their micro-credit rates in the 8.5%/YEAR range of interest, not including the inflation factor.
AFRICAN LEADERS NEEDED
Very Low Interest Micro Loans to Women Farmers in Africa
Living Water Micro Finance Inc. is a non-profit company operating in Africa — working to initiate a fund-raising project to begin providing micro loans for women farmers.
Your donation continues to fund new loans more than nine times: every dollar donated is like donating $4.00 with the support of Government and Non-Government grants . This $4.00 is magnified by nine times because micro loans are renewed every four months after a harvest: a $36 value: your $15 donation is now worth $180/year — every year. What a Bargain!
We are creating a future where women rural farmers can lift themselves out of poverty by themselves. We don’t believe in handouts.
We reduce our lending risks: no other member of a group of five women farmers may borrow until the last borrower has established a regular repayment record: each help each other to pay the Micro Loan. We assign a counselor to this woman’s group with ongoing, personalized training.
The current lending rate to poor people is 34% per year by standard micro-credit lenders in much of Africa. Our rate of interest is the lowest possible in order to pay our counselors): 8½%/year not including inflation.
Stage 1 Agricultural Mechanization of Africa Stage 2 Today’s Tall Trees Nursery: Carbon Tax Fund Resource
Stage 3 Micro Finance in Africa for Irrigation
Stage 4 Irrigation in Remote Areas using moving water energy.
Stage 5 Electricity in Remote Areas created from moving water.
Women Farmers will have access to new fresh water and a low cost micro irrigation systems for their farms. Add fertilizer to the formula and you have three season/year of farming.
I. Any Donations will be directed eventually to Micro Finance in the country of your choice: we will direct your donations to support the first selected country, but ultimately your dollars will be earmarked for the country of your choice. This chosen country begins with a management team of three directors.
II. You may also select one of the following gifts in $15 increments ($180/year):
These all make Wonderful Gifts to be sent over the Internet!
A small gift will count just as much as a large one toward our goal of 1,000 gifts x $15 increments:
Our Charity Strategy:
1. Sunnyup.net has been created:
700 Personalized Photo Cartoons:
Personalized Funny Cartoons (in a frame to be laminated):
400 Personalized God’s Loveletters:
1,700 Personalized FIRST NAMES
Personalized First Names & their Meaning (in a frame to be laminated):
A Series of 10 God’s Loveletters: there are over 40 from which to choose.
2. These Personalized Gifts are NOT for sale. They are REWARDS given to A DONOR for DONATIONS to LIVING WATER MICRO FINANCE Inc., a non-profit company, that support women farmer and their family in Africa for seed and fertilizer. This DONATION is paid back at the end of the harvest. This same DONATION works nine times because 92% pay their loans.
3. The DONATIONS are partitioned as follows:
Any Donations will be directed eventually to Micro Finance in the country of your choice:
INNOVATION COMES TO AFRICA We believe that innovation in water distribution, irrigation and damless hydro projects are the solution.
AFRICAN MIDDLE CLASS A country cannot grow with only a rich class and a poor class! It is acknowledged that many living on US$2 to US$4 a day could easily slip back into poverty.
Agroforestry could help solve Climate Change.
HELPING SOLVE WORLD’S CARBON POLLUTION
A Full Scale Aquaponic Tree Nursery in Africa supported by:
- A Micro Hydro Electric System: no dams: HugENERGY.us
- An Irrigation System: NORTHydro.com
- A Rabbit and Fish Farm: AfriCAPITALISM.us
- Africa Micro Finance: LivingWaterMicroFinance.org
- The Charitable Arm: SunnyUp.net
- God’s Loveletters: Godloveletters.com
- Thunder of Justice: ThunderofJustice.com