NPCA Microenterprise Program

Dear RPCVs and Friends of Asia,
How fast would you jump at the opportunity to assist families in the Asian region to break the cycle of poverty while you earn interest on the money you have invested in helping them?

You can make a dramatic difference by simply investing in the National Peace Corps Association's Microenterprise Program (MEP). With a minimum investment of $1,000, you will provide a guarantee for Micro-credit loans in Asia and in developing nations around the world through one or more of MEP’s designated institutions: Catholic Relief Services (CRS), FINCA (Foundation for International Community Assistance) and Freedom from Hunger (FFH). Investment notes in the MEP are issued and managed by the Calvert Social Investment Foundation, one of the premier socially responsible investment organizations in the U.S.

Nearly one million families throughout the developing world are served by CRS, FINCA, and FFH today. While FINCA does not currently have any programs in Asia, the MEP's other two partners do. CRS is working in sixteen Asian countries, and through small loans administered by FFH in Indonesia, India and The Philippines, people who have previously had little or no access to credit are demonstrating their desire to work their way out of poverty. Most impressive is that these loans, usually issued as a three-month note, are quickly repaid, resulting in your investment being leveraged into helping numerous families over the course of one year.

Throughout the developing world, microenterprise programs employ from 30 to 80 percent of the working population. These small loans can and do make the difference between being mired in absolute poverty and having the chance to build a thriving little business generating enough income for struggling parents to feed their family, send their children to school and to afford decent housing. Investing in the NPCA’s MEP is akin to the first goal of Peace Corps: it allows you to provide resources that will make a difference in the lives of many people.

If you need additional information about how you, your family, friends and neighbors can invest in the MEP, please contact me. I look forward to hearing from you soon.

Sincerely,

Helene Ballmann Dudley

helenedudley@yahoo.com

Chair, NPCA Microenterprise Program

Colombia 68-70 and Albania/Slovakia 97-99

 

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What is the NPCA Microenterprise Program?

The NPCA Microenterprise Program (MEP) is administered by the Calvert Foundation. MEP Investors choose interest returns of 1% or 2% for 1 and 3-year notes, and up to 3% on 5, 7, and 10-year notes, depending only on the discount rate that they wish to provide to a microfinance institution.
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