Trickle Up Program, Inc.
Rating: 4.91 stars 32 reviews
Issues: International, Economic Development, Microfinance
Location: 104 W. 27th St 12th Floor New York NY 10001 USA
Trickle Up empowers people living on less than $1.25 a day to take the first steps out of poverty, providing them with resources to build sustainable livelihoods for a better quality of life. In partnership with local agencies, we provide training and seed capital grants to launch or expand a microenterprise and savings support to build assets.
Results: • In 2011, nearly 7,279 new participants started or expanded microenterprises. • For every person who launches a Trickle Up livelihood, an average of 5 people benefit, which means that in 2011 over 40,000 people benefited from increased household income. • 98% of participants are women and 14% of participants are affected by disabilities. • Results from our programs worldwide based on the definitions of success: Definition #1: Less Vulnerable to Shocks and Trends: 86% of participants in Mali increased their income after one year. Definition #2: Livelihood Activities are Diversified, Dignified, Productive and Sustainable: 66% of participants in India diversified their income by expanding into more than one livelihood activity. Definition #3: A Fair and Effective Means to Save and Access Credit: In Guatemala, more than 1/3 of participants took out a loan, with 92% of the loans put towards starting or growing a business. Definition #4: Improved Access to Available Basic Social Services: In the past 18 months, 37% more participants in India are giving birth at health centers rather than at home, reducing maternal & child mortality. Definition #5: A Better Quality of Life: Over the course of three years, 88% of participants in Mali report eating three meals per day. Definition #6: Significant Progress Towards Economic and Social Empowerment: Four times as many Guatemalan women no longer need to ask permission to make purchases.
Programs: Trickle Up currently works in five countries and partners with 58 community-based organizations to implement our programs. We complement our partners' initiatives in the areas of community development, agriculture, women's empowerment, health (especially HIV/AIDS), and serving people with disabilities by providing training and critical capital to start a microenterprise, as well as helping participants form self-sustaining savings groups. Trickle Up participants start a wide range of livelihood activities, including producing and selling agricultural and food products, small animal husbandry, creating and selling crafts, and providing an array of personal care services. Every year, we help more than 10,000 participants start sustainable livelihoods with increased and more stable income, membership in a savings group and training in financial literacy and skills.
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Trickle Up often plays the role of the "friends & family", there to lend a hand and help these entrepreneurs take the first steps out of poverty... This is the season for doing just that!
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