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Sustainable community development for the poorest of the poor


Join The Neo Fund Today Family!

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India welcomes The NEO Fund for pilot project!

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The Neo Fund is all about our Borrowers.
Take a moment to meet a few of them here

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In Nicaragua, we serve more than 4,000 meals
per week through 6 locations. Read all about it!

CLICK HERE TO VIEW OUR LATEST NEWSLETTER

 

OUR MISSION …

… is to serve the poor through sustainable community development via micro-lending and child-aid programs by working through established local organizations in some of the most impoverished communities of the developing world. 

ABOUT US

Two Portland, Oregon businessmen established The Neo Fund in 2008 after a botched attempt at serving the poor just a year earlier. Determined to learn from those mistakes, they have developed a model which has proven successful in Nicaragua and is now expanding to other underserved communities around the globe. Read more about the lessons they learned here.

2016 ANNUAL REPORT

See it here!

 

FOLLOW US ON FACEBOOK

Looking Forward week 4:

Health Clinic Funding for June 2017-June 2018
Cost: $24,000 or $2,000/month

The Pedapatnam health clinic is our core work in Andhra Pradesh, providing 30,000 people with the basic health care they desperately need and enabling us to maintain relationships of trust so that we can provide loans and other life-giving services that will help lift people from extreme poverty over time.

As always, please visit us at www.theneofund.org to explore our past, present, and future projects to help our cherished neighbors near and far.
#TheNeoFund #goals2017 #microlending #India #HealthClinic #Pedapatnam #poverty #loans #donor #donations #funding #lookingforward #helpothers
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Looking Forward week 3:

Capital Expansion Managua-
Completing construction of the first and second floors, improve the current roof, install sound-system, lighting, and fans, finish interior offices, and level the floor of "El Faro Central".
Cost: $48,700

"El Faro Central" is the nerve center of our work in Nicaragua, a growing facility that is constantly buzzing with people and activity. It houses a daycare, kindergarten, elementary school, church, micro-finance institution, accounting office, auditor, counselors, periodic health clinics, kids clubs, men's and women's groups, marriage and other life-skills classes, and much more.

For more information about The Neo Fund, our past, present and future goals, or how you can help or donate, please visit us at:
www.theneofund.org

#TheNeoFund #microlending #construction #ElFaro #Nicaragua #CapitalExpansion #Managua #goals2017 #helpingothers #helpingothershelpthemselves
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Hankering for the best plaintain chips? Francesca and her husband Simon make the best in Managua. They are borrowers in our NEO Nica program, and live in Christo Rey. ... See MoreSee Less

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"We rise by lifting others."

Looking Forward week 2

We have the attainable goal to launch a long-term microfinance co-op to serve women in the Krishna Delta, Andhra Pradesh.

Our lending model has proven itself to help moms raise their economic fortunes in ways that directly benefit their children.

The Krishna Delta is begging for a program like this. The new
Women’s Credit Cooperative will be run by the women themselves and managed by our partners at KISES.

Cost: $29,000 for the 18-month pilot program

#TheNeoFund #microlending #India #KrishnaDelta #AndhraPradesh #donation #goals #2017goals #Women #womenandchildren #womenthemselves
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Simon & Francesca live in a house with a dirt floor. They moved to Cristo Rey, Nicaragua from the La Churca neighborhood of Guadalupe a few years ago to search for a fresh start with their children Javier, Celeste and Moses. A year ago they started a business making plantain chips. In the beginning they produced 5 bags a day. Soon they discovered El Faro and applied for a micro-loan to grow. The loan accelerated their business to 350 bags per day or more. Their profits boomed, increasing by 100%. The day we visited they had produced 234 bags of chips before lunchtime and they were still going strong. The results? Better food for their family, improvements to their home including the purchase of beds so they didn't have to sleep on the ground, and, as they said, "the clothes on our backs."

Simon said, "I am so proud of this humble business; it is how I support my family. We are grateful, first to God and second to El Faro."

Their goal is to expand their business even more, increasing their products to include potato, yucca and malanga.
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One of our borrowers, Cynthia, employs six people in her plastics recycling business. Here some of them are cleaning the plastic before selling. ... See MoreSee Less

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Over the next 6 Fridays we will explore goals #TheNeoFund has for 2017: Looking Forward Friday.

Today's Looking Forward Friday focuses on expansion for the farm in Nicaragua:

When fully developed, the farm will have the capacity to provide vocational training for hundreds of people and return a modest income.

Here’s what we need next: an irrigation system, tools, a used truck, seeds and seedlings, an agronomist and teacher, and at least one additional caretaker house.
Cost: $22,000

www.theneofund.org
#microlending #Nicaragua #ElFaro #donation #goals #goals2017
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Inspiration from Bill and Melinda Gates Foundation visitor center in Seattle... ... See MoreSee Less

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Our Annual Report for 2016 is now out at:

https://www.theneofund.org/wp-content/uploads/2017/01/2016_AnnualReport_web.pdf

#theNEOFund #india #nonprofit #makingadifference #microlending #ngo #goals #healthclinic #pharmacy #medicine #village #success #annualreport #2016
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Be fearless in the pursuit of what sets your soul on fire! ... See MoreSee Less

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The smallest good deed is better than the grandest good intention ... See MoreSee Less

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Do small things with great love. -Mother Teresa

#microlending #ngo #nonprofit #makingadifference
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So thrilled to celebrate El Faro's ninth anniversary this past weekend! ... See MoreSee Less

El Faro celebrates their ninth anniversary in their newly expanded worship center! Felicitations! (Thank you to Caleb Coder for these awesome pics!)

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It's Giving Tuesday, and we thank you!

This is a day to celebrate our NEO family. Whether you've given your time, your talents, or donations, you have made real differences in Nicaragua, Haiti and India — some of the poorest places on the planet.

Because of you, children at risk for malnutrition now eat healthy meals everyday, mothers who struggled to educate their children now have microloans for home businesses that pay for uniforms and books, and villagers without access to health care now have a local clinic with a medical professional on duty every day.

At The NEO Fund, our vision is to give hope where none exists. Simple community development projects that address basic needs allow parents to believe they can provide their child with a brighter future. Whether you helped to dig a well, assist a doctor, served a hot meal, offered up prayers, or make a monthly donation, you have given the gift of possibility.

So thank you! Thank you for being a partner for change, and for hope!

theneofund.org/needs
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ELECTION SPECIAL: Receive a print of your choice (signed by documentary photographer Cheryl Nemazie) from our new Faces of India album with your donation of $50 or more made before November 11, 2016.

Stressed over the incoming election results? Take a break from clicking channels and click through our latest pics from the field! If you're inspired, visit theneofund.org/needs and make a difference with a one-time donation or a monthly pledge of $10. No matter who wins the election, your donation is tax-deductible, and you'll feel great about making a difference!
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We'll be sharing more about these beautiful lives in the coming months!

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Our Fall newsletter is here! http://www.theneofund.org/wp-content/uploads/2016/10/NEO-Fall-2016-e_Version.pdf ... See MoreSee Less

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This week we are visiting our work in Vijayawada, India. Today we spoke with our friend Jyothi at the Pathapadu garbage dump. With your help, we will see lives change, and goals of leaving the dump realized. ... See MoreSee Less

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Ron presents our partners at St. John's with a year-end update on El Faro projects. ... See MoreSee Less

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So proud of El Faro and their great work in Tipitapa! ... See MoreSee Less

It's bean-planting day at our farm and vocational training center in Tipitapa!

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The Neo Fund shared El Faro's post. ... See MoreSee Less

Preparing the soil for our first crop at the El Faro vocational training center in Tipitapa!

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We stopped by our new Guadalupe location today to see how the house remodel is coming along. What a nice surprise to see Orphan Network there offering a pop-up medical clinic! ... See MoreSee Less

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The Neo Fund updated their cover photo. ... See MoreSee Less

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First look at the first house being built at El Faro's agricultural project in Tipitapa! Many thanks to Ramon's leadership and to our partnership with Pontis and Leck Heflin . ... See MoreSee Less

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"World Humanitarian Day is an annual reminder of the need to act to alleviate the suffering. It is also an occasion to honour the humanitarian workers and volunteers toiling on the frontlines of crises. I pay tribute to these dedicated women and men who brave danger to help others at far greater risk."
- UN Secretary-General, Ban Ki-moon
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Such exciting news on our India front! With thanks to The Palmer Foundation, we've been able to green light our KISES team to get the clinic in Pedapatnum village up and running again! Here is a report from them:

"We have started [on] the clinic, All staff recruitment is over and clinic repair/painting is now starting. Because of the rainy season, work is a bit slow. The nurse attends the clinic daily and some days or evenings she goes to the villages to meet the community and give health awareness sessions. A doctor visits every Sunday."

We've been challenged to match the Foundation grant to properly get this much needed facility up and running. Please consider a gift to help us make this grant! This is a perfect sponsorship opportunity for a US-based medical group to operate a 501(c)(3) clinic with a full-time nurse, 1-3 visits weekly by a doctor for $20,000/year!! To schedule a site visit, contact us!!

Our plan is to begin micro-lending out of the center this Fall.
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The Neo Fund shared NowThis's video. ... See MoreSee Less

This abandoned child was treated very differently depending on how she was dressed

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We love it when teams come to visit! (And they love it, too!) Email ron@theneofund.org to find out how your group can join in! ... See MoreSee Less

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We love it when teams come to visit! (And they love it, too!) Email ron@theneofund.org to find out how your group can join in! ... See MoreSee Less

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"Poverty starts in the heart." -Celestin from Rwanda ... See MoreSee Less

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The Neo Fund shared El Faro's photo. ... See MoreSee Less

Four years ago we ran this story about Mauricio. Today his wheelchair has completely fallen apart and needs to be replaced with a performance chair, such as the Quickie brand. Any ideas? Contact us! A...

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Micro finance can play a tremendous role in helping to stabilize poor households, removing them from the brink of disaster and enabling them to make the changes that are conducive to long-run progress. -Brian Fikkert

Celeste is one of our newest borrowers in Nicaragua. Photo © Cheryl Nemazie.
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Pedapatnam Village Elder, Joji Raju Lella says, “Before KISES built their medical clinic my family had to travel 20-30 km to the hospital. If NEO can help us reopen it would be very, very, very good for my family and for our village. Please come back to Pedapatnam.”

Joji, his parents and grandparents have lived in the village all their lives.

(Photo © Cheryl Nemazie)
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"It is a mighty act of human love to remind somebody that they can accomplish things by themselves, and that the world does not automatically owe them any reward, and that they are not as weak and hobbled as they may believe." --Elizabeth Gilbert ... See MoreSee Less

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In a case study of poor women who take small micro-loans in Nicaragua, the borrowers were asked, "Does your family income allow you to properly feed the members of your family?" Before their first loan only 20% said yes. After taking one or more loans that number rose to 51%! (Source: Barquero) Micro-loans help change lives in Nicaragua!

Photo © Cheryl Nemazie
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At The NEO Fund, we welcome innovation! So when Swedish businessman Linus Lindgren contacted us to schedule a visit to our partners in Nicaragua, we were intrigued. He and our loan manager Carlos Lopez, selected two borrowers to take part in a special project. Here, Linus and Carlos iron out the details with José. He had a successful business at one time, but an ill-timed burglary and embezzlement by his business partner caused him to lose everything, and he now lives with his family in one of Nicaragua’s poorest refugee communities. With Linus’ help and a plan to fund for growth, we hope to see José expand his business and hire another worker in the next six months. ... See MoreSee Less

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Happy International Women's Day! To women entrepreneurs around the globe... YES! YOU CAN! ... See MoreSee Less

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Looking for a way to bring your team, group or organization closer together? Consider a team trip to Nicaragua! Planned service projects build team cooperation and individual confidence! Participants come to serve, but leave feeling blessed. Check out these pics from our recent adult team visit... then click here to get information on an experience for YOUR team! http://www.theneofund.org/contact/ ... See MoreSee Less

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Genesis, 4, is on a scholarship at the El Faro preschool in Managua. Thanks to our partners who made this life-changing opportunity possible!

Photo © Cheryl Nemazie
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Celeste and her husband support their 5-year-old son by making tortillas at their modest home in Guadalupe, near the Managua city dump. With another child on the way, they need to increase their income. They took a micro-loan of $100 from El Faro to grow their business by adding cheese and pork to the menu.

NEO loans help entrepreneurs like Celeste every day!
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This is Gabriella and her daughter Jasmina, who is 4. Gabriella is a parent volunteer at the El Faro school, where Jasmina attends kindergarten. This year, thanks to our dedicated team and generous partners, El Faro is able to serve 320 students.

Photo © Cheryl Nemazie
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This is Veronica and her 10-year-old daughter. Veronica has taken a loan of $100 to purchase a “bale” of clothing (several dozen pieces of clothing sold wholesale), which she can resell one by one at a profit. This income will significantly improve their lives! Veronica will repay her loan within four months, allowing us to extend the capital to someone else. NEO loans help hardworking people like Veronica every day. ... See MoreSee Less

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NEO News! Follow this link to read our December newsletter...

http://www.theneofund.org/wp-content/uploads/2013/12/NEO-Holiday-2015-web.pdf
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"When a woman gets an extra dollar in her hands, 90 percent goes to her family." -Melinda Gates

Eighty percent of NEO micro-loans are made to women.
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NEO celebrates our local staffs in Nicaragua and India who serve their neighborhoods with the vital support of our donors and supporters. ... See MoreSee Less

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Isaac, 4, gets a nutritious hot lunch five days a week thanks to our great partners at El Faro Tipitapa and supporters like you!

Photo © Cheryl Nemazie
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