Microcredit program helps small businesses in Northern Illinois

Judy Zabielski (left)  and Laura Mueller, co-owners of Acacia Organics, in Barrington, Illinois, USA, benefitted from a microloan provided by the Barrington Breakfast Rotary Club.

Judy Zabielski (left) and Laura Mueller, co-owners of Acacia Organics, in Barrington, Illinois, USA, benefitted from a microloan provided by the Barrington Breakfast Rotary Club.

By Narayan Murarka, chair of the microcredit committee for the Barrington Breakfast Rotary Club, Barrington, Illinois, USA

For several years, microcredit projects have been helping eliminate poverty by providing small loans to poor women in developing countries. But the need isn’t always overseas. Sometimes, it’s a lot closer to home.

My club launched a program in 2010 that focuses on small businesses in our area which are facing a short-term credit challenge. Continue reading