Bashiki Bacu Rwanda is Kinyarwanda for "Our Sisters in Rwanda". When the money is repaid other women in their village are able to take out a loan.
Bashiki Bacu Rwanda is a non-profit 501(c)(3) organization that helps underserved women in Rwanda, who have been affected by genocide and extreme poverty, take control of their lives by becoming entrepreneurs through microlending. The organization was founded by Douglas Schrier and Paige Lee Baron-Schrier in 2020 after a trip to Rwanda. During their visit, they became impressed with the enterprisi
ng spirit of the country and the hearts of the people that had moved on from the difficult times of the genocide. The program helps women form a business plan and then lends them small loans (average is $50) with an agreed-upon payback period and zero interest. Also, after a successful loan payback, the participants are able to apply for other loans in the future. The loans are currently used for businesses such as agriculture, livestock, hairdresser, and seamstress. As of May 18, 2020, Bashiki Bacu Rwanda was given federal nonprofit status and determined to be a 501(c)(3) allowing donors to use their donation as a tax deduction. All donations go directly to the Bashiki Bacu Program in Rwanda. EIN/Tax ID #85-0510532