September 2009

Esperanza en Acción
Newsletter
In This Issue
News from Esperanza en Accion
August Fund Drive Results
Join Our Mailing List
Esperanza en Acción

Esperanza en Acción is dedicated to supporting Nicaraguan artisans by connecting them to fair markets in the United States and Nicaragua in order to provide them with the opportunity to support themselves and their families by receiving a fair wage for their work.

News from Esperanza en Acción

  • We are currently working on four different orders that will be shipped up to the United States in the next few months. This is good news for artisans as sales have been very due to the economic downturn. Many artisans have told us that they have seen fewer tourists coming through their villages and those that are visiting are not purchasing. Our exportation license is going to come in handy as it allows us to connect artisans to fair trade markets in the US and worldwide, this benefit is already starting to pay off! If you know of any fair trade stores that would be interested in work from Nicaragua please let us know. 
  • We got some help from a contact in the US and we are now ready to show the women from El Timal how to make recycled chip bag purses. We had gotten stuck on part of the process but now we are ready to go! The women from El Timal are part of a group of refugees that were moved from the lakeshore of Managua and are in desperate need of work. Your generous donations help us to provide them with the technical assistance that they need and materials to get them started on their first purses. We are confident that these will be hot sellers, we will let you know when they are ready for sale via the website so you can get your own. Learning this important craft will give them the independence to support themselves and their families.
  • Executive Director of Esperanza en Acción, Emily Hewes, will be in Washington, DC at the end of October in honor of Fair Trade Month. She will be speaking at a number of different venues about the work of Esperanza en Acción. Locations and times tba. Do you know of any groups that might want to hear about Esperanza en Acción? Let us know!
  • Are you a facebook fan? Esperanza en Acción is on facebook, so become a fan of the organization! You can keep more up to date with what we are doing here in Nicaragua, see photos and interact with us on a daily basis. It's a great way to stay in touch and learn more about our work.
  • Also, is there anyone that has experience with Drupal and ubercart? If you understand what this means please contact us, we need your help!


Coming to Nicaragua?
We need your continued support!

Esperanza en Acción exists to support Nicaraguan artisan groups and their pursuit of meaningful well paid work. We cannot accomplish this alone. Our supporters are key to our success. In addition to generous donations made by people like you we receive delegations in Nicaragua that visit our Fair Trade Store and Education Center. These visits help us to promote and sell the artwork of the artisans we work with, an essential piece in the fair trade puzzle. These sales help artisans earn a living to support their families, something that cannot be done without your visits!

If you are coming to Nicaragua with a delegation please request to come visit us, even if you have seen us before your other teammates may have not. Take a small piece of Nicaragua back with you in the form of a fairly traded piece of artwork.  Help us to keep Nicaraguan artisans working and well supported. We hope to see you in Nicaragua!

You are making a difference!



Many thanks to all who donated during our August Fund Drive!

We got so close to our $5,000 goal, we reached $4,076 to help us continue our programs here in Nicaragua.
 

We would like to send our sincerest thanks to the following donors for their generous contributions:




Rob Shetterly                                  Melissa Bermudez
Valerie King Friend                           Jennifer Tascarella
Douglass P Barram                          Karen Bortvedt
Paige Rutherford                              Vivian Lovingood
Carolynn Winters-Hazelton               Alexandra Hosford
Nancy Caperton                              Joseph Hess
Melissa Keywood                             Jane Barclay     
Kathryn Beach-Verhey                     Carl Hanson
Ericka Vickers                                 Jeanne Randels
Ellen Ives                                        Bob and Judy Jacobson
Michael and Suzanne Strom              Ruth Stoebener
Peg Oetgen                                     Charlotte Keating
Yuki Kato                                        J. Coppole
Marc Ricart                                     Ken and Ingrid Clauson
Mary Lewis                                      Troy and Jean Milburn
Shirley Holmer                                 Brad Sharp
Mona Sherrell                                  Donna and Charles Dyer 
Ed and Justine Schneider                  Ellen Newton
Cara and Alan Jones                        M. Scott Knox

It's never too late to give!
 
What difference can a Microloan Make? Esperanza en Acción's Microloan Program


In many poor countries, Nicaragua included, the opportunity to borrow money has become increasingly easy. There are for-profit and non-profit organizations that will lend, and in fact promote their loans, to almost anyone. Hidden interest costs often result in a loan with more than 50-60% interest.

The result of these high interest rates is that borrowers default on their loans as they are unable to pay the interest required over the initial quantity borrowed. This phenomenon has reached such a critical point in Nicaragua that there is a group of 10,000 people fighting lenders for loans that have left them poorer than before they took out a loan. What is the point of loans with such high interest rates that the poor get poorer as a result?



Esperanza en Acción's new loan program seeks to offer credit that will not result in future indebtedness, rather we are seeking to empower and strengthen artisans by offering them credit they would not otherwise have access to. This program was born out of the need of an artisan for capital to build a new oven on her property. Not wanting to saddle the artisan with more debt we decided to offer a loan to her at 0% interest. She accepted the loan and paid it back in full after three months. She is now debt free and has the convenience of firing her ceramic pieces in her own home.

                                       (artisan Francis Cano with her new oven)

We at Esperanza en Acción have stressed the importance of providing loans for capacity building and promotion of artwork. These are loans that will help artisans improve the possibilities for making more pieces and increasing their revenue or to help them promote their artwork to improve future sales.

Five artisans have now benefited from Esperanza en Acción's new loan program. We have loaned the following amounts so far:  


$100 to build a new oven to fire ceramic pieces
$150 to build a new oven and roof for the oven to fire ceramic pieces
$200 to purchase raw materials for an order made by a client other than Esperanza en Acción
$150 to participate in a national event to promote Nicaraguan tourism and artwork
$40 for artwork promotion in Costa Rica

Esperanza en Acción currently has $365 loaned out as part of our loan program and the above list.

Although our loan program is relatively new we have not had problems with artisans defaulting on their payments. This is due to the unique relationship that Esperanza en Acción has with each artisan. We are not merely another lender, we represent an organization that cares about their small business, we want to see them grow and improve, we don't want them to fail. In addition we have made a commitment to allow each artisan to decide their own payment calendar based on their ability to pay, empowering them to repay the loans as they are able.  

We are able to offer 0% interest on these loans thanks to those who support us with their donations. We are able to offset costs associated with the loan program by using donations to the organization, many thanks to those who help make this possible!
 
The loan fund is a revolving fund, all money lent out returns to the same fund to be lent out to other artisans. If you would like to donate to the loan fund please specify when making your donation.

Give Fairly this holiday season

Small Bird Water Whistle

  • It's almost that time! The holidays are right around the corner. You never need an excuse to purchase fair trade, but showing your family and friends how much you love them is that more meaningful with a gift that you are sure has been fairly crafted. Here at Esperanza en Acción we are working on updating our website so you can purchase fair trade this holiday season. We will send out an update with more information as soon as possible.

  • 'Starter Kits' are a great way to get your faith community involved in promoting fair trade.  Help bring the gift of fair trade to your community this holiday season. Esperanza en Acción's fair trade 'Starter Kits' are designed to do just that. We will send you a random inventory, (usually $300, but can be tailored to your situation), and your church will receive a 20% discount which can be used as a fundraiser if you would like. You can help spread the joy of a fair holiday with Esperanza en Acción.
                              
                                                (photo courtesy of Melissa Engle)