The poor defined poverty as living with shame. What does poverty mean to you?
You voted and we listened. Check out the most valued benefit of Five Talents programs.
I hope you had a wonderful Easter.
What’s more important to you, relationships or transactions?
Around the world, most banking and business organizations focus on transactions. In the microfinance world, that means issuing loans and processing payments.
At Five Talents, we believe that God has called us to take a different approach by focusing on relationships.
What do I mean by that? Well, watch this short video to learn more:
P.S. Today is the last day to take advantage of our March Match. Click here to donate now.
What does sustainable business development mean for the world's poor? Check out this message from a friend.
Discover how to maximize the impact of small business development on rural communities.
Good Monday morning,
March MATCHness is here! That’s right, Five Talents is challenging you to bring your A game in generosity.
A group of generous Five Talents donors will MATCH every dollar donated to Five Talents throughout the month of March.
As you give to Five Talents, vote for your favorite benefit of Five Talents Programs. These benefits include: Self-Respect and Dignity, Improved Nutrition, Secure Housing, Strengthened Families, Vibrant Local Churches, Accessible Healthcare, Healtheir Communities, School Fees for Kids, Adult Literacy, Agricultural Development, Empowered Women, Leadership Development, Trained Entrepreneurs, Sustainable Businesses, Ongoing Fellowship, and Experiencing God's Love. Learn more in our March Matchness bracket.
Thank you for your partnership in ministry. Together we make a world of difference,
Building a successful business requires smart analysis, wise planning, and targeted sales. Learn how Five Talents is helping women around the world become business owners.
I hope your week is off to a great start and you are taking some time to reflect on the opportunities for each of us to do good this week.
Pursuing Peace in South Sudan
Earlier this month, church leaders from around the world issued a call to pray for peace in South Sudan, the world’s most fragile state.
Five Talents has been honored to work in Sudan and South Sudan for over ten years. With the support of friends like you, we’ve walked alongside churches and tens of thousands of families to share hope and create new opportunities.
Serving Displaced Communities
Most recently we’ve expanded our programs among displaced communities, serving families who have fled their homes due to conflict. The United Nations has given us permission to do this work in UN camps. The courage, resilience, and faith of these families and new entrepreneurs is incredible.
Please enjoy this short video we prepared with our partner from World Concern:
And please join us in praying for peace, reconciliation, and healing in South Sudan.
Until next Monday, blessings be with you,
Executive Director, Five Talents USA
I enjoyed meeting Five Talents friends in North Carolina a week ago. They shared important questions about the effectiveness of our work compared to others who work in micro-finance. This made me reflect on how we leverage the gifts of our funding partners like you.
Leveraging Your Charitable Gift
The best way to look at leverage is to look beyond simple percentages and consider cumulative impact. If I give a dollar to an organization I like, and they get 90 cents of that to those I want to help, at first I might think that’s great. But if I learned that a lot of my gifts were going, year after year, to buy basic commodities, and that the people I want to help are just as dependent on subsidized goods as they were ten years ago, I wouldn’t feel too good about that.
By comparison, when my wife, Lynn, and I give to Five Talents, we know most of the money will go to pay trainers who live and work in poor countries around the world. The work of those trainers is leveraged as they teach volunteer facilitators who offer their time to support local savings groups. Then, in each group the members put their own money into “the box”, leveraging local capital, so that their friends and neighbors can take out loans and become new entrepreneurs. When those new business owners pay pack their loans and put their profits into the lives of their family members, they further leverage those profits and improve the livelihood of the whole community.
And when about 80% of participants graduate out of our programs, they break the cycles of poverty and dependence. Now that’s effective leverage.
So, why did GuideStar just give us a platinum rating?
Five Talents helps families move from dependence to dignity. Watch this televised interview from Catherine Read.