The Christ’s Episcopal Church outreach committee plans a
fund-raiser for the Foundation for International Community
Assistance.
Funky Fun for FINCA is from 3-8 p.m., July 20, at the church’s
fellowship hall.
The goal is to establish a village bank in Haiti, and $1,500 has
already been pledged by one Christ’s Episcopal Church member.
However, $5,000 is needed to start the bank.
The committee hopes to raise the additional $3,500 to start a
bank in Haiti, one of the poorest countries in the world, the
church said.
The village bank will be started by the foundation, which has
started village banks in Africa, Uzbekistan, Kygistan and several
Latin American countries.
Established in 1984 by John Hatch, the foundation has expanded
its village banking community to 18 programs with nearly 170,000
clients, primarily women with children.
The foundation loans money to those who need it and charges a
low interest rate.
Sometimes the loans in the Third World countries are as little
as $50 to $100, but they help the borrower buy supplies to start a
village market, to raise piglets or to buy cloth and a sewing
machine and become a seamstress, the church said.
Village banks are supervised by foundation staff members who
travel from one program to another.