Microfinance

The Bakery of Dembayara

In December of 2015, Guinea Exchange raised over $10,000 to fund a micro loan to build a bakery in the rural village of Dembayara. The funds covered the cost of fabricating an oven, constructing a building, creating a home for a baker and providing the initial setup supplies. This bakery has already begun to sustain itself and its community, providing food for dozens of neighboring villages.  It is assisting with food scarcity in some of the hardest to reach communities in the country especially during the rainy season.  

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FINANCIALs

The bakery of Dembayara is not only creating jobs, it also is paying back its micro loan in monthly increments and donating a portion of its profits to the Dembayara medical clinic. Loan proceeds are also being held on reserve by Guinea Exchange to fund future micro-finance projects in the region of Dembayara. In this way, your donation dollars continue to support this community as the bakery succeeds.

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GUINEAN INGENUITY

This sustainable economic program was designed and implemented by Guineans to serve the needs of their communities in the region of Dembayara. The Guinean people are resourceful, creative and hard working. They just need assistance to put their ingenuity into motion.

The Bakery of Dembayara is a perfect example of that ingenuity. 

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