
Microfinance
Empowering small-scale entrepreneurship and economic independence through access to socially beneficial assets and services using microfinance loans.
What we are doing
Working alongside established village banks, PEV has developed a microfinance service, providing additional capital and loans to the village bank funding pool, allowing more loans to be distributed to support local enterprises and new ventures. Leveraging the already established and trustworthy village bank systems simplifies the process and promotes community-wide economic independence, and so far this has resulted in a near 0% default rate.
As Village Banks are the primary source of capital for lower socio-economic areas, this increased investment has a direct positive impact on economic welfare and combating poverty. With the majority of the loan recipients being women, the social and economic benefits for women range from increasing individual financial empowerment, boosting and diversifying household incomes, increasing GDP per capita, and overcoming long-held barriers to gender equality.
124
Loans provided to local community members
$10,342
AUD provided in loans in the Nancholi region
87%
Of customers, within 6 months, followed up with confirmed improved situations

Our Impact
Partners










