A grant that gives hope
Last week, I had the great pleasure of sending out the congratulations letters to the groups that received SIA grants at our last board meeting. I work with each of the grant applicants to more fully understand their projects and to refine their proposals. After weeks and months in communication the happy moment arrives when I get to let them know that SIA approved their application!
“Overwhelmed by joy”
Below is the reply I received from Vincent Atitwa, leader of the Matungu Community Development Charity cooperative in Kenya. They received a grant to start a table banking program to provide their members, mostly small farmers, with low-interest loans.
“First, I must say that I am overwhelmed by joy and happiness after learning that SIA funded our project. I say BIG THANK YOU to you and the entire team of SIA, together with their donors who made all the process possible. May God bless you abundantly so that you continue blessing others too.
“To me, this is not just a grant, it’s a grant that comes with a lot of hope and inspiration to our community.
“Finally God has answered our prayers. I believe that the SIA grant holds a key to unlock a lot of business opportunities for marginalized small scale farmers in our community. The businesses will create both jobs and wealth. I am happy to be associated with SIA and its activities, and I look forward to continuing working with you even in future after this grant.”
A Smart Risk
This grant partnership is a great example of Smart Risk #1 from the forthcoming book, that I co-edited with Jennifer Lentfer, about small grants.
Smart Risk #1: Investing in local expertise.
Vincent and the rest of the team at Matungu Community Development Charity know the context of lending in rural Kenya. They know about the farming cycles and the challenges associated with the climate and markets. They know the community members and can talk to them when they have trouble repaying the loan. For all these reasons, we believe that it is worth investing in local groups.
Follow along this week on our Facebook page for all five Smart Risks!