Reaching across the globe
BANCS Microfinance is a Christian-based microfinance company in Uganda Africa.
Microfinance is small business loans for those in need. Small, as in, around 150 to 200 dollars. For most of the population in Uganda who live on less than $2 a day, that is all they need to begin working their way out of poverty.
Along with providing loans, BANCS offers classes to educate people on how to manage their finances and their small businesses. In these classes people also learn the importance of living debt free and becoming self sufficient. This resonates so well that most people pay off their debt to BANCS in a fraction of the allowed time.
It is amazing what BANCS is doing in Uganda. Mike Croslow, the founder of BANCS was a missionary in Africa before he began exploring the microfinance business. He has a heart for the people and wants to see them succeed on their own instead of create dependency.
We want to express our excitement for BANCS Microfinance because we have been given the opportunity to create a website for them. Mike has a vision for BANCS to be self sustainable, like the people he works with, but until then they are still dependent on donations from those who are able to give. This is an absolutely remarkable organization and we want to get people ready for the website when it is finished.
It is coming soon. So be looking for it’s launch!