By Josette Perard | Project Leader
Two of the priority projects that result in more food for Haitians are the Ox Plow projects that increase the amount of land tilled for planting and the Micro-Credit Funds for farmers that accompany the Ox Plow projects. The funds, at an interest rate of 2%, help farmers to pay for the service of plowing at the initial stages. This is a much better interest rate than predatory lenders who charge as much as 25 or 30%. All revenues from the Ox Plowing service increase the capacity of the organization to care for the community.
With longer droughts and shorter rainy seasons, it is critical that plowing the land for planting is done in a timely manner. Farmers can plow the land sooner when they don’t have to worry about repayments with huge interest rates. In addition, Ox plowing is much quicker than hand tilling. Thanks to your support, Lambi Fund is starting projects with several new organizations in the South and will be reporting more on them in the upcoming months.
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