Wednesday, October 31, 2007

First Annual NamasteDirect Fundraiser

Thanks to everyone who participated in the First Annual Fall Fundraiser "Directo a Mexico"!! It was the first largescale fundraiser we have done and it was an enormous success! Over 100 people attended to share the amazing food and margaritas generously donated by Tres Agaves and Partida Tequila, as well as the enormous excitement generated by renowned auctioneer Dave Reynolds! Thanks to your support, we raised over $60,000!


The contributions will go towards the Senoras de Tres Agaves 100+ Group. The participants will include approximately 100 women from the Yajalon region of Chiapas, Mexico. Yajalon is four and a half hours from San Cristobal de las Casas, the third-largest community in Chiapas. Most of the women are indigenous Choles and speak Chol.


They will be investing their microcredit loans in a variety of businesses including vegetable stands, grocery stores, coffee production, sale of both new and second hand clothing and sales of regional foods.


Chiapas is the southern most state in Mexico and is comprised of lush green hills and valleys splattered with vibrant colors. Though it is rich in natural resources, Chiapas is unfortunately the most impoverished state in Mexico and suffers from the country’s highest rate of malnutrition, estimated to affect over 40% of the population. The economic difficulties of the region are often felt most significantly by women, reflected in the strenuous reality of everyday life.


The loans will be administered by our Mexican partner organization, AlSol, which will support the women through the cycle and help them to be successful in developing their businesses.
A NamasteDirect fellow will travel to the region early in 2008 to interview the borrowers in their homes and businesses, attend their group meetings, and look into the results to date. They will be writing you to convey this information so that you can see the difference that your donation is making. Please visit our website (http://www.namaste-direct.org) for weekly updated articles on microcredit and additional information on the work of NamasteDirect.


Thanks again for your support!

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