You Can Bank on Animal Banks

Apr 24, 2018 | | Say something | Sticky post

Animal-Bank-Goat

Animal bank projects in needy rural communities create economic growth and sustainability.

Here’s how it works:

  1. A local business or charitable organization agrees to raise funds and purchase an initial stock of agricultural animals and animal care supplies. The best species for animal bank projects are bovine, goats, or chickens.
  2. The neediest families in the community are gifted the animals, the supplies, and receive animal husbandry training.
  3. The families that receive animals give 10-25% of the offspring back to the project. The number of offspring given back will be decided in a contractual agreement between the organization and the recipients. The number of offspring decided upon should be dependent on the species of animal and the discretion of the organization. Based on previous models it is recommended that no more than 25% of offspring should go back into the project.
  4. The decided number of offspring are given back to the project, the animals are redistributed to other needy families in the community with the same terms.
  5. Rinse and repeat this process.

Animal-Bank-FarmOver time, a successful animal bank project can drastically reduce unemployment, poverty, and malnutrition in a rural community. It also has the potential to pave way for agricultural development.

It’s important for a local business or charity to steward animal bank projects because they require trust, cooperation, and stewardship to be successful. These are not short-term projects, but when a local organization and community are willing to commit to making an animal bank project a success, it will change the future of the community.

Are you interested in learning how to start an animal bank project in your community? Contact us.

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