Commitment to Action

A Glimmer of Hope Ethiopian Microfinance Initiative

Commitment by

A Glimmer Of Hope Foundation

As of March 2009, A Glimmer of Hope fulfilled its commitment to provide $1.25 million in micro-loans to fund programs for people living in abject poverty in rural Ethiopia. Loans were provided to more than 4,000 borrowers and reached an additional 20,000 beneficiaries indirectly through increased household incomes, food security, and jobs. Additionally, as these funds will be repaid into a revolving fund, they will provide additional opportunities for new borrowers in future years.

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Overview
Summary

Commitment

A Glimmer of Hope Ethiopian Microfinance Initiative

Launched

2008

Est. Duration

1 year

Estimated Total Value

$1,250,000

Region

Africa

Countries

ETHIOPIA

Commitment by

A Glimmer Of Hope Foundation

Partner(s) of the Commitment Maker(s)

Michael & Susan Dell Foundation, The Whole Planet Foundation, The Huber Charitable Trust