Hand in Hand

Hand in Hand's work in India and Africa shows, when given support    and training, women living in poverty can develop into successful    entrepreneurs running small family companies. Women are usually the    guardians of their children’s future and demonstrate a high level of    responsibility when given the opportunity to invest a micro credit in their    businesses. Research shows that on average, women who live in poverty use    92 cents of each extra dollar of income to improve their children’s health    and education. Hand in Hand provides microfinance loans via a group-lending    model. Repayment of the disbursed micro credits is 99.4%

Hand in Hand have reached impressive results after 7 years of work in    India. 850,000 women have been mobilized in Self Help Groups creating more    than 1.16 million jobs. This means that hundreds of thousands of children    have been brought back from labour to school. On top of that almost 3,000    citizen centres/IT facilities have been established, health checks for    290,000 people have been carried out under the Health and Hygiene Programme    and 307,000 households are covered by waste management under the    Environmental Protection Programme.

We at Partex will finance Hand in Hands work in the small Indian village    Panapuram. Panapuram has around 3,600 inhabitants and is located near    Bangalore, where Partex India is based. In total the project will last for    two years and we will report its progress every three months. The reporting    of the project will be dealt by our three “Partex ambassadors”: Anne    Katrine Åhlén Grundel (Partex Sweden), Johnathan Pilling (Partex UK) and    Tomasz Dembkowski from Partex Poland. Sophie Lööf, part owner of Partex,    will also be involved with the project.