A tried and tested way of helping people out of poverty

Better Globe Forestry Ltd.’s (BGF) vision is to eradicate poverty in Africa. A large proportion of the population living in poverty on the continent is smallholder farmers who live in the countryside. BGF operates tree plantations in Eastern Africa and helps partner farmers take up agroforestry. Through microfinance, they create conditions for people living close to the tree plantations to earn their own money. Microloans enable farmer communities to expand their farming operations and increase their income.

So far, we have funded two microloan banks in Kenya, one in the Mboti area, and the other in Kamuwongo. The banks are run by our partner K-Rep Fedha Services Co. Ltd. Microfinance for the poor is a proven way to help people get themselves out of poverty. Microloans are small loans without any collateral requirements.

As of early 2020, BGF has funded two microloan banks in Kenya and a “revolving fund” (that you can read more about below) in Uganda. A third community-owned microfinance bank is on the way. The banks in Kenya and the revolving fund in Uganda were funded through the sale of our most important product, the Donation Package.

Microfinance for the population living in poverty, when made available in an ethical way, is a proven way to help people get out of poverty. Microloans are small loans without any collateral requirements.

In 2006 the banker Muhammad Yunus from Bangladesh and his Grameen bank received the Nobel Peace Prize1. Yunus had shown that it is possible to create economic and social development from the bottom up. The Nobel Foundation further motivated its decision;

Lasting peace cannot be created without large groups of people finding ways to break out of poverty. Microfinance is one such alternative for people who do not have access to financial services.

The microloan banks that Better Globe AS helps to finance through the Donation Package are cooperatives owned by the borrowers, who, by the year 2020, number over 5,000 families. So Better Globe AS and BGF do not own, operate, or make money from microloan banks. BGF only helps establish the village banks where they can help the most people using funds provided by all the amazing supporters of Better Globe AS who are purchasing the Donation Package regularly.

A micro borrower is making an installment payment on her loan. The bank has a repayment rate of close to 97 percent!
A micro borrower is making an installment payment on her loan.
The bank has a repayment rate of close to 97 percent!

A new borrower at the village bank initially needs to buy a bank book where all future bank transactions will be registered. Borrowers also attend a four-week training course in the basics of economics. Among other things, they learn the different ways a loan can create income and how to reduce spending. After that, the potential borrower can receive their first loan. Because of their fiscal responsibility and dedication to improving the family’s outcome, women are prioritized for the microloans.

Lending levels and maximum repayment times
Lending levels and maximum repayment times

The first loan may be between 1 200 and 10 000 Kenyan shillings (equivalent to around 10 to 84 euros in June 2020), with a six-month repayment period. The loan must be repaid before they can make a new loan. With each repayment of a loan, progressively larger loans with extended repayment periods are made available.

How are microloans used?

The loans are often used in part to make life more comfortable. That could mean acquiring metal roofs or mattresses. Credit also goes toward income generation, such as developing agriculture, livestock, or other business activity. A loan is also used to reduce expenditure by buying a stove that burns wood more effectively. Or a solar lamp, which can provide long-term savings in terms of both health and money compared to kerosene lamps.

Loans can pay school fees for the children or help build or renovate homes or buildings. The borrowers can also borrow assets, like chairs (for businesses like cafés),water tanks, and solar panels.

Investing in a sewing machine brings a new stream of income for one of the bank's micro-borrowers
Investing in a sewing machine brings a new stream of income for one of the bank’s micro-borrowers

Since the borrowers are co-owners of the village bank, they receive part of the profits at the end of the year. Each year, 40 percent of the profits are divided between the owners, and 60 percent reinvested in the bank.

Revolving fund in Uganda

In 2018, BGF started a tree planting project with Yele Ikom Can Atur Farmers’ Association (YICAFA) in the Dokolo district, Northern Uganda. After consulting the local communities and key players in the microfinance sector in Uganda, it became evident that the community-owned Village Bank concept adopted in Kenya would not work well in Dokolo.

The best option to support the local farmers was to establish a revolving fund. The funds revolve over three years. The aim was to help YICAFA with the creation of a cassava planting project to reduce poverty and increase food security in the surrounding areas.

As in Kenya, the implementation has been a massive success, with thousands of contract farmers being supported. In addition to the cassava project, BGF also supports contract farmers who plant  Melia azedarach (Persian Lilac) in Uganda.

Empowering the local communities

When you purchase a  Donation Package subscription, you help provide a better life for those who need it and help families gradually move out of extreme poverty. Through social entrepreneurship with Better Globe AS, you support children’s education, microfinance, and local business and income opportunities in the rural areas of Kenya and Uganda.

Purchase now and do good for others and yourself!

Support tree planting and poverty relief in East Africa with our Sponsor and Donation Packages. Make a financially sound decision to help families in need with a chance to benefit from long-term sustainable and ethical forest management with Tree Partner Solutions AB. It feels fantastic to help others and the environment. Click the link below and make your first purchase with Better Globe AS and contribute to a better world today.

Act now - start your green journey with us today!



Sponsor Package

  • Opportunity for shares in TPS
  • Help plant two trees today
  • Create job opportunities
  • Give one tree to farmers
  • Counter desertification
  • Offset CO2 with trees

Donation Package

  • Includes 2x Sponsor Packages
  • Create a social impact today
  • Offset CO2 with four trees
  • Give two trees to farmers
  • Donate to microfinance
  • Donate to Child Africa
  • Empower women
Lucas Sköld
Stockholm, Sweden

The best thing about Better Globe is the difference I can make with my money. It feels good to know that my money goes towards children’s education, that it helps people to get out of poverty, and that it restores nature’s balance in places where it’s really needed.


  • Better Globe Forestry logo Child Africa logo
  • Tree Partner Solutions logo

Contact us

If you have any questions or concerns, do not hesitate to contact us at support@betterglobe.com
Get started today and do good for others and yourself!