www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Caterpillar arm boosts micro-loan program

By Yang Ziman (China Daily) Updated: 2015-11-05 14:26

Heavy machinery giant pledges further $2.5 million for women entrepreneurs

The Caterpillar Foundation, the charitable arm of the United States construction machinery giant Caterpillar Inc, has pledged to continue its 10-year support to a project providing micro-loans to women across China.

Michele Sullivan, the foundation's president, said that since 2006 it has been supporting the non-profit organization Opportunity International worldwide, which helps create jobs and more sustainable incomes for families, with a particular focus on helping small businesses run by women in rural areas.

Caterpillar arm boosts micro-loan program

Michele Sullivan, president of Caterpillar Foundation. [Photo provided to chinadaily.com.cn]

Sullivan said many women in China want to start their own business or grow their existing firms, but find funding difficult.

She could not provide exact total loan figures for China over the past decade, but looking forward, the foundation plans to invest around 16 million yuan ($2.53 million) to provide vocational training for the children of migrant workers over the next two years.

"The loans scheme has been particularly successful in China. We have noticed that in many cases, if you help the girls and the women of the family the returns are far greater. The whole family benefits," said Sullivan.

"Around 90 percent of micro-loan requests we get are from women, and they have 97 to 99 percent payback. It's a very good investment.

"Every time we have made an investment in the past, we ask the NGO involved how many women and girls are going to be influenced by the grant. The foundation also values projects, particularly those that affect women and girls indirectly."

Investments never exceed a quarter of the total being sought by applicants, so that individual projects never depend solely on the foundation, if it decides to change its focus or cut its budgets, Sullivan said.

The Caterpillar Foundation has partnered with many non-profit organizations around the world, providing more than $600 million in charitable funding.

After 40 years in China, Caterpillar has become a key construction equipment supplier in the country with 29 manufacturing factories, four research and development centers, three logistics and parts centers, and more than 10,000 employees.

Sullivan said the foundation has helped OI China with loans for a wide range of women-run projects, from pig and mushroom farms, to convenient stores and clothing factories.

A good example is Zhang Yingxia, a woman living in a village in Anhui province, who in 2012 wanted to expand her tailoring workshop but had no money. A loan of 50,000 yuan from OI China changed all that.

"Every time I had looked for funding, I encountered difficulties. But that much-needed grant helped get me through that stage," said Zhang.

By the time she was applying for a third round of funding from OI China last year, she had more than 70 staff, mostly women whose husbands were working away from home.

In another case, the foundation provided cash for a scheme to centralize water supply among poor villages nationwide.

"In regions where there is lack of water resources, it's the women and girls who go to look for water while the boys go to school," said Sullivan.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一本一本久久a久久精品综合麻豆 | 欧美亚洲国产日韩一区二区三区 | 日本美女高清在线观看免费 | 男人的天堂毛片 | 亚洲精品中文字幕字幕 | 韩国欧美一级毛片 | 多人伦精品一区二区三区视频 | 在线观看二区三区午夜 | 日本免费毛片 | 亚洲巨乳自拍在线视频 | 欧美在线观看高清一二三区 | 久久国产一级毛片一区二区 | 九九99香蕉在线视频网站 | 三级黄a| 国产日本亚洲欧美 | 理论片日韩 | 韩国一级淫片视频免费播放 | a毛片久久免费观看 | 国产成人高清精品免费5388密 | 亚洲久久久 | 亚洲 欧美 91 | 黄色三级理论片 | 激情宗合 | 99精品在线视频观看 | 国产黄色美女 | 一级v片| 久久国产三级精品 | 边接电话边做国语高清对白 | 国产精品久久久久久久久免费hd | 成年人免费看 | 亚洲欧美在线视频免费 | 一区二区三区中文字幕 | 日本a级特黄三级三级三级 日本a一级片 | 91视频一88av | free性欧美嫩交 | 国产精品三级a三级三级午夜 | 欧美成人精品不卡视频在线观看 | 欧美精品成人久久网站 | 九九九九九九精品免费 | 最新国产三级久久 | 国产亚洲精品精品国产亚洲综合 |