The Community Banks are our most successful program in Baja as they are meeting a community-identified need, are locally-driven and locally-led, and are impacting hundreds of people that otherwise have no or limited access to traditional banking. Meeting our most important measures of success, the banks are not dependent on Philanthropiece’s presence in the community, giving them the potential to be both sustainable and scalable. Beyond acting as a way out of poverty, our Community Bank Program in Baja provides us with the opportunity to engage in capacity building of local leaders and to provide a launching ground for future initiatives. Hear from the Community Bank participants themselves in the comments below and in this 11-minute video:
"When there are emergencies, we can support each other."
"My favorite part about our Community Bank is that there is unity, everyone supports each other."
"I use the loans of the Community Bank to grow my small business."
"We are learning to save, to be responsible, and to make a commitment."