Our Grants
Through our charitable partners, we reach women in rural communities, with the least access to finance and opportunity. Our partners provide skills based training as well as MicroFinance and support programmes to empower women and the communities that rely on them.Our MicroFinance partners invest the modest loan interest into reaching more women and providing the necessary support services to ensure recipients thrive.
Why MicroFinance through Charities
If other options exist for the women that we support, they are often bad. For example, borrowing through Commercial MFIs (Microfinance Institutions) who make loan recipients take out life insurance, take collateral or put debt onto other family members should repayments be missed. These institutions also do not provide the necessary support services to ensure that loans are successfully utilised and not used for consumption only. Increasingly however, even Commercial MFIs are now moving away from rural communities and exclusively into urban settings.
Social Performance
Our microfinance partners use the Social Performance Task Force’s Universal Standards of Social Performance Management framework, including impact measurement through the ‘Progress out of Poverty’ Index.
Our Vision
Voodoo Park Trust are collecting data to help to build the case for institutional lending to communities who are currently excluded from the global economy - working with others to make a meaningful difference both now and in the future, by changing the way in which money is lent and doing our part to mobilize finance to leave no one behind.
Our Team
Voodoo Park Trust was founded by the leadership team of Technology Services Company Voodoo Park Ltd.
In the knowledge that gender discrimination holding too many women back, holds our world back too, the founders set up the Trust to fulfil their obligation to have a positive impact on our global communities.