Local benefits:
Increases the capital of a neighboring community bank and thus facilitates small loan distribution for local development.
Travellers benefits:
Provides a better understanding on how the micro-credit system works.
Benefits to the environment:
In some areas, when people need money immediately, the simplest solution is to go cut down a tree illegally in a nearby primary forest for resale. Through microcredit, we can prevent these actions and their environmental impact.
Description
Village Banking & Microcredits for local development
Discover how tourism can support community banking initiatives and microfinance programs/microcredit in the above video:
- In Ecuador: Douglas McMeekin, Founder of Yachana Lodge & Foundation and Raúl Rodriguez, manager of the neighbor village of La Colonia Babahoyo.
- In Peru: Walther Pancca and community-based tourism initiative ASTURS.
Seen at
| Name | Type of facility | Environment | Country | Swap? | |
|---|---|---|---|---|---|
|
ASTURS & Inti Wasi Lodge | Community based tourism, Hotels & guest houses, Packages and tours | rural, zone-temperee | Peru | Yes |
|
Yachana Lodge | Community based tourism, Hotels & guest houses | rural, zone-chaude | Ecuador | Yes |
Related good practices:
| Name | Category: | |
|---|---|---|
 |
Support a health care mutual | Local Development, Social Responsibility, Travellers Awareness |
 |
Collaborative maintenance of a trail | Heritage and Biodiversity, Local Development |
 |
Furoshiki, or how to make a bag with squared piece of cloth | Local Development, Travellers Awareness |
 |
A Community project based on real needs | Local Development, Social Responsibility |
 |
Grandparent Books | Heritage and Biodiversity, Local Development, Travellers Awareness |
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