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Since 2001, the microenterprise program has successfully served 310 refugee and immigrant women and their families in the Atlanta Metropolitan area. 58% of the total number of clients served have successfully started or strengthened their businesses. Our Microloan program, which started in 2005, provides microloans between $250 and $15,000 at the current fixed interest rate of 7%. To date we have disbursed 38 loans for a total of $142,750 out of which 42% of the loans have been paid off in full.
Our participants have come from 30 different countries including Afghanistan, Bosnia, Bhutan, Burma, Burundi, Cameroon, Colombia, Congo, Egypt, Ethiopia, Honduras, India, Iraq, Iran, Jamaica, Lebanon, Liberia, Mexico, Nigeria, Peru, Rwanda, Sierra Leone, Somalia, Sudan, Syria, Togo, Turkey, Uzbekistan, Venezuela and Vietnam.
For more information, contact Microenterprise & Microfinance Program Manager, at 404-299-0180 x 227 or microenterprise@riwn.org.
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