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Financial details

photo woman at the market Financially Micro credits for Mothers is rather transparant. Our income comes from donations and subsidies. Our expanditure is in fact the loans to women in Asia which have not been paid off. Go to our results page for further information on the amounts we have lent so far.

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Overview financial figures

These are the figures for the year 2005, and our expectations for the year 2006. Bear in mind that MVM was founded in may 2005.

The term revolvong fund represents the money that is presently being lent to women in Asia through our partners. Once the loans have been paid back, this money will thus be used again for micro credits for other women. For further information on the amounts we have lent to women in Asia, please check the annual report, or visit the results page. results page.

photo woman selling dried shrimps

Financial figures 2005
euro
Debit
Private donations
6.970,40
Corporate donations
250,00
Subsidies
0
Board donations *
142,42
Total
7.362,82
 
Credit
Capital build-up
5.712,40
Revolving funds
1.508,00
Not collectible claims
0
Costs local staff
0
Costs local training
0
Miscellaneous *
142,42
Total
7.362,82

 

* Micro credit for Mothers believes that every donated Euro has to be used for women in Asia. For this reason, the miscellaneous costs, such as Chamber of Commerce subscriptions and Domain Name registrations, are paid for by the foundation's board. This way, the board ensures that every donation is indeed used exclusively for women in Asia..

Budget 2006
euro
Debit
Private donations
3.000,00
Corporate donations
7.000,00
Subsidies
5.000,00
Board donations *
150,00
Total
15.150,00
 
Credit
Capital build-up
-5.041,60
Revolving funds
19.120,00
Not collectible claims
301,60
Costs local staff
120,00
Costs local training
500,00
Miscellaneous *
150,00
Total
15.150,00

 

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Annual Reports

Annual reports until now :

Annual Report 2005

Micro credit for Mothers social and finanial annual report will be here for download soon.