8 Transportation Projects View More
How it works: Vehicles like motorbikes, taxis and shared vans provide affordable public transport within and between towns.
Why it's important: Residents of developing countries often rely on public transport to commute to work, transport goods to market and visit family. By facilitating movement of goods and connecting residents with outside employment opportunities, a new public transport service can boost the economy of an entire village or neighborhood.
What your loan can do: Many young adults get their start in the transportation business by working as wage laborers, driving motorbike taxis owned by others. They can use a small loan to purchase their own motorbike taxi, allowing them to become their own boss and keep the full day's earnings from the vehicle. Larger loans can be used to acquire additional motorbikes or to progress to larger vehicles like car taxis and vans for transport between cities, creating employment for others while growing their own income.