The Pamoja Foundation has been created to supply micro loans (that
is, loans of as little as C$125) to the productive poor in developing
countries; currently we are focusing on the African country, Kenya.
We have embraced the Grameen model, a system of support, developed
by Dr. Muhammad Yunus, which has now been in existence for more
than thirty years. It is a proven, extremely successful way to empower
the poor to create their own opportunities toward financial self-sustainability.
Since the inception of the micro-credit movement, 36 million borrowers
have been reached in 52 countries, however, there is much work still
to do. Poverty has yet to be eradicated; it is within our reach,
as a global community, to accomplish this extraordinary goal. Dr.
Yunus states that: "If society was structured for self-employment,
there would be no reason to fear being poor. If we have this kind
of change in the marketplace, then I see a world that is absolutely
free of poverty. I'm not talking about a remote future, I mean in
the next 20 or 30 years."
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