Thanks to our Minnesota supporters for staging a successful online fund-raising auction this month! The auction raised nearly $15,000 and featured many cool items, including high-end entertainment packages, business services, and salon products from various donors, including Great Clips.
The auction was part of a larger effort to build support and private donations for the Phakamani US Fund, a Minnesota-based charitable fund with 501c3 status in the USA. The Fund directly supports Phakamani Foundation’s work in South Africa. Our gratitude to Rhoda Olsen, Melissa Eli, Mike Schardin, Aaron Grote, Dee Tabone, Kathy Pouliot, Kelly Olsen, Allison Scuriatti and the whole team for their efforts.
In 2013, we issued more than 15,000 micro-loans, our highest yet. Over two-thirds were repeat loans for women already in the programme. The remainder were for new entrants, particularly in our newest branches.
A big thank you to volunteer Tyler Richmond from the USA who has spent the last 3 months with Phakamani doing all things IT. He has been of great service and we wish him well.
Did you know that Phakamani has become a well-regarded local employer in Mpumalanga Province and bordering areas? Our policy is to hire local people as field staff. We provide extensive training both in the classroom and on the job. This is a big part of our success and it reflects our culture of giving people what they need to succeed.