Programs fighting HIV/AIDs generally address the prevention and provision of care of people living with the virus. But not may address the income generation and economic survival of people living with HIV/AIDs. In Thailand where there are approximately 600,000 people living with HIV/AIDs, are unemployed, are impoverished and are discriminated by society. Moreover, HIV positive people could not receive financial assistance from banks or any other local financial institution because of the unfounded notion that people living with the virus would not be able to pay back loans.
Funded by the Pfizer Foundation Thailand and UNAIDs and implemented by The Population and Community Development Association (PDA), the project addresses both the income earning opportunities and the reduction of discrimination and stigmatization. By offering loans to people living with HIV and to one business partner, they are able to set up a small business venture. The business partner is often a family member or a friend who is not living with HIV. Each business venture is given a $600 loan ($300 each) and is repaid at 6% p.a. within 6 to 12 months.
Since its official inception in 2004, the project has successfully achieved a 90% loan repayment rate benefiting 750 micro business partnerships ranging from food production, repair services, and production of handicrafts.
|Value||USD 700 Thousand|