1. 1 Fighting poverty, Creating jobs and Transforming lives by empowering the poor in developing countries using innovative microcredit and savings programs, business training and spiritual development.

2. Five Talents’ Role Work with local church-based sponsors to design and develop micro-economic development programs. Provide training –Church partner training for micro credit program development and management skills –Entrepreneur training for saving, borrowing and building a business Facilitate formation of savings group networks. Provide funding for operations and loan capital. 2

3. Five Talents Anglican Response to World Poverty Commended at Lambeth Conference, 1998. (Resolution V.2f) Vision of Bishop Chiwanga of Mpwapwa, Tanzania. First donation made by George Carey Commended at Lambeth Conference, 1998. (Resolution V.2f) Vision of Bishop Chiwanga of Mpwapwa, Tanzania. First donation made by George Carey

4. 4 Projects all over the World Has funded more than $5 million in loan capital, business training and set-up costs. Worldwide, Five Talents programs have served more than 65,000 clients with a 120,000 loans given out (impacting more than one million lives), more than two-thirds of whom are women. Currently in 11 countries: Peru, Bolivia, Indonesia, India, Philippines, Uganda, Kenya, Tanzania, Sudan, Burundi, Myanmar.

5. 5 What makes Five Talents special? A “philanthropic microfinance” organization. –Relational in nature – “heart of a pastor: mind of a banker” Five Talents is based on Christian values. –Inspired by the Parable – hard work, risk-taking, accountability. Five Talents reaches into high-risk areas. –Working in post-conflict and disaster areas Five Talents works with the local church. –Provide local presence, accountability, credibility and infrastructure.

6. A Creative Solution By taking a small loan of about $100, Joy was able to start a brick- making business in Uganda. She returned her investment four times within a year!

7. 2 BASIC MODELS (Group-based) Credit-led –Traditional microfinance –External capital –Major cities and towns –Uganda, Peru, Indonesia, Philippines, India Savings-led –Many poor want a place to save money –Internal capital –Reaches rural areas/post conflict –Sudan, Myanmar, Burundi, India

8. Transformation in Peru Lidia said for most of her life she felt she had all she needed. However, after 4 children, she separated from her first husband and her second partner actually wanted to kill her, and abused her children. “I decided that God did not exist.” Due to her women friends in her loan group, she came to realize that God was her refuge and each of her children have given their lives to God. She says that when she began to working with the Five Talents program there was talk about God, she felt very full. “I am very grateful to work with ECLOF (and the Anglican Diocese) which addresses the spiritual aspects of our lives unlike other credit institutions. God has blessed us and we will never forget to always trust in Him for everything. He can do everything.”

9. Characteristics of Five Talents Programs Based on groups as fundamental building blocks –Mutual support and development –Fellowship –Shared accountability Early focus on savings culture –Handling money –Safety net –Source of capital Augment savings with small, short term loans –Loans to individuals, but “guaranteed” by the group –$50 - $200 –Short term (4 – 9 months) –Interest rates 2% - 4% per month –Increase loan size with demonstration of success

10. Cycle of Success Program Development Saving & Planning Repayment And Recycling Group Formation Lending & Mentoring Spiritual Development

11. 11 Micro-credit fills a big Gap 1.5 billion people without access to financial services Microfinance is now reaching 180 million clients Conventional aid has limited effectiveness The poor want a safe place to save money Micro-enterprise growth is cash-constrained

13. How Can You Help?  Pray  Pledge  Participate “You gave me five talents, Look, I have earned five more !” Vienna Rotary has contributed to Kenya, Indonesia, and Uganda over the years. Other area Rotary Clubs have contributed as well.  $10 is the average initial loan  $1,000 = 100 loans

14. Community Transformation From individuals to families to communities