RPCV initiative tops $1 Million in Microloans (Colombia)
In 2000, when 25,000 families were displaced annually by violence in Colombia, RPCVs started The Colombia Project, a loan program to help families reestablish financial independence. It soon evolved to include any marginalized community and became TCP [The Colombia Project] Global in 2015, expanding to Niger, Guatemala and Peru. In October, this 100% volunteer effort achieved a significant milestone: $1 Million in loans issued. When 7,300 Peace Corps Volunteers were evacuated worldwide in March, due to the Corona Virus, six evacuees joined the TCP Global team, bringing new energy and creativity. The program went viral, adding thirty new sites, including five introduced by evacuees who worked with their counterparts virtually to introduce micro-loan programs. TCP Global currently serves fourteen countries in Asia, Africa, and the Americas. An average loan is $210, ranging from $50 in Niger to $698 in Peru. While the program works anywhere, TCP focuses on underserved, . . .
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Rich sayette
Awesome work by Helene and team. Truly living and acting upon the continuation of playing a part in making the…