Peter addresses the families gathered at Shalom City |
Revolving funds are often made up of a group of women who meet weekly and each bring a designated amount to contribute to the common pool. Each week, one woman is the recipient of the pooled funds. She might use the funds to purchase a sewing machine, make a home repair, or pay her childrens' school fees.
With the Shalom City revolving fund, each family gives the equivalent of $1.30 each month to the common pool. Then, from the pooled funds, a car is purchased for one community at a time until each group has an emergency vehicle. Right now, the idea is still a dream that Peter has and has not been implemented yet.
Africa Rising recognizes and encourages the innovations of African leaders which often come from a dream of meeting a community need. We look forward to seeing how the Shalom City revolving fund connects people to emergency medical care through grassroots efforts of families that share a common dream.
Example of vehicle that will be purchased through Shalom City revolving fund |