Sustainable Savings

Sustainable Savings

$7,853 raised
  • International Care Ministries Ltd
  • General
  • Donations to this project are tax-deductible

How You Can Help

Support 125 entrepreneurs

Support 125 entrepreneurs

Support 500 entrepreneurs

Support 500 entrepreneurs

Other

Other

About This Project

Without a doubt, one of the greatest challenges facing families living in ultrapoverty is the need for sustainable income. But starting a successful small business requires resources, training, and confidence–all of which are lacking among the poor.
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To address these obstacles, ICM provides training in small business management skills, allowing participants to experiment with low-risk livelihood opportunities. We also launch savings groups that provide capital for future growth of new businesses.  In 2015-16, ICM launched 965 savings groups made up of 26,553 new business owners that averaged savings of HK$597 per group after only three months.    

Mary Sunshine is a young mother of three who ​didn't believe she could support her family. During ICM’s Transform program, Mary learned new small business skills and about the importance of saving for the future. She joined a savings group and that saved a total of US$242 in just three months. They plan to start a business selling cleaning products and will share the profits.

A gift of HK$10,000 will support 125 entrepreneurs as they learn to save strategically and invest in opportunities wisely. As March 31 approaches, please consider supporting women like Mary to confidently start a new livelihood.

Project Owner

International Care Ministries Ltd

At ICM, we believe that no one should live in abject poverty. With the right support, the right training, and the right resources, the bondages of poverty can be broken.

In the last few years, ICM's community-based, holistic solutions have reached more than 750,000 people living in poverty - building resilience and greater well-being in families and whole communities across the Visayas and Mindanao. This wide impact is possible through a strategy of partnering with the local churches found in most low-income Philippine communities, inspiring hope and providing help to transform lives.

After our four-month Transform program, ICM's ultrapoor participant experiences:
- 106% increase in household income
- 43% increase in self-worth
- 28% decrease in serious illnesses

  • Website http://www.caremin.com
  • Address

    21/F Siu On Building, 243 Des Voeux Road West
    Sai Ying Pun
    Hong Kong SAR China

  • Phone +852 3470 3009
    +852 2548 9038

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