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Featured Microentrepreneur
Saman, Microcredit Client of SED
Saman is a microcredit client who lives in Northeastern Thailand, with her husband and granddaughter. Her small home is surrounded with a large production of creating beautiful silk garments. A small fire burns beneath a pot of dye, tight spools of brilliantly dyed silk thread is neatly stacked, raw silk thread hangs loosely in a post, and a huge weaving loom takes up the majority of the outside space of her home.
Her husband sits on the ground carving bamboo pieces to create large spools for the already dyed silk thread. Saman is a silk weaver who has been involved in this trade since she was a young girl, easily seen through the quality of her work. However, weaving is not the entirety of her work. There are many steps between obtaining unrefined silk tread and weaving colorful silk pieces.
Saman, like all other silk weavers…
Learn more about Saman, Microcredit Client of SED
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Whole Planet Financial Snapshot
| As of May | 2013 |
|---|---|
| # of Countries | 57 |
| Microcredit clients | 282,404 |
| Female clients | 89% |
| Estimated people supported | 1,660,000 |
| Average first loan size in the developing world | $172 |
| Repayment rate | 96% |
| Funds Committed | $37,128,394 |
Foundation News
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Team Member Spotlight
Seanmichael
“Donating through my paycheck requires no effort on my part, and I get to know that I’m creating a positive impact on the world. I never notice those missing dollars – but so many people’s lives are changing because of them.”
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