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Poverty in Nicaragua
I am Pedaling Against Poverty in Nicaragua on my bicycle as a fundraiser to bring hope and opportunity to impoverished women and children. The funds will go to a microfinance fund operated by The Leading Journey. You can help by contributing - and right now, your contribution is doubled by a matching gift!
The average income in Nicaragua is $2 to $4 per day. Women and children suffer the most. Limited education, abandonment by husbands and fathers and lack of opportunity contribute to endemic poverty.
Breaking the Poverty Cycle with Micro-Enterprise
The Lending Journey exists to break the poverty cycle. The Lending Journey, an iniative of the Canadian-based David/Jonathon Project (a faith-based organization), works primarily with women providing education, business training, encouragement and loans to help them establish and grow small businesses.
Since 2003, The Lending Journey has given out hundreds of loans, provided numerous training sessions and spent countless hours over small meals discussing self-confidence and worth.
The satisfaction that these women feel when they open the doors to their small business and the feeling of accomplishment when they make their final loan payment is wonderful. As loans are repaid, the money is recycled to new loan recipients to repeat the cycle.
Pedaling Against Poverty
On November 9, 2014, a Team will begin cycling 300 miles – uphill – through Nicaragua, from Costa Rica to Honduras along the Pan-American Highway. The team will be led by Vince Vetro, Founder and International Director of The Lending Journey. I will be part of that team. Eight women that have been given loans to will be riding with us.
Why uphill? Because the ride reflects the challenges Lending Journey borrowers face every day and their resilience to continue on.
Goal
The goal of the ride is to raise $100,000 to provide 1,000 loans to 1,000 more women. My personal goal is to raise $10,000. McDaniel Knutson Financial Partners will be matching the first $5,000 raised. 100% of the dollars raised will go directly to The Lending Journey for microloans. I am paying for all of my travel expenses.
How You Can Help
Click on the link to make a donation to the Lending Journey to make more microloans. Plus – the first $5000 that is donated is matched dollar for dollar by McDaniel Knutson Financial Partners – effectively doubling your gift! (Note-none of it goes to pay trip expenses. Each team member is responsible for their own expenses.)
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