For my final project in my Social Entrepreneurship class, I wrote a children’s book about microfinance. I designed all the illustrations out of clay, construction paper, charcoal drawings, and craft foam and my husband digitally edited the images together.
Once upon a time, in a small village in a big country, there lived a bunny named Mo. Mo had many goats, and whenever the sun would shine she and her goats would run and play in the hills together. Every day, Mo would milk her goats and take the milk to market to sell.
One day, as Mo was coming home from a good day at the market, the wheel fell off her cart and broke! What would she do? If Mo couldn’t take her milk to market, she couldn’t sell it. If Mo couldn’t sell the milk, she couldn’t buy food for her goats! Mo was scared. The goats were scared too. They liked to eat, and they could feel their stomach growling already.
Mo did the only thing she knew to do. She went to the bank to ask for a loan to fix her cart. Mr. Owl at the bank was not nice. He rolled his big eyes at her and shook his head seriously. He told her that his bank would not make enough money from such a small loan. He said a lot of words Mo didn’t understand, like Adjusted Interest Rate and Late Payment Penalties.
Mo was sad. Without the money to fix her cart, she and her goats would surely starve this winter! She sat down on the ground and began to cry. The goats gathered around her and tried to cheer her up, even though their tummies were certainly rumbling by now. They hadn’t eaten in hours!
Mo knew she had to stop crying and find the money to fix her cart somehow. She bravely stood up and went into the city to look for help. She asked Mr. Shark, but he said he would break Mo’s stuff if she did not pay him on time. That didn’t sound like a good idea to Mo or her goats.
Mo asked her friend Tal, but Tal did not have any money either. She wanted to raise ducks, but there was not enough water in the village for the bunnies, let alone ducks. Tal told Mo to ask their friend Lee if he knew what to do. Nobody asked the goat how it got Mr. Shark’s tie.
Mo asked Lee. Lee was very happy to talk to Mo about what he knew. He told Mo about something called, “microfinancing”. Microfinancing is a big word for when a bank, a charity, or a group of people gives someone a small loan to buy what they need, like a new wheel. This helps people like Mo who do not have a lot of money buy things to keep going. Because the loans are small, they are easier to pay back. It keeps the bunnies happy, the goats fed, and the whole village could benefit from it!
Sometimes it helps people build another house after a flood or fire. Mo’s friend Gert lost her house in a flood, and it took three days for her goat to come home! Microfinancing helped Gert build a new house and buy her goat a raft in case of another flood. Sometimes microfinancing helps people start a new business. Lee had used the loan to buy a sewing machine to make dresses to sell and had already paid off his loan!
Mo went to the microfinancing people and told them what had happened to her. Ms. Claydough was happy to give Mo enough money to to fix her cart and buy two more goats. Mo was so happy. Soon, she was selling so much milk, even more than before!
Because she had so much milk to sell, the cost to buy Mo’s milk was low. All of the bunnies could afford the milk, and they were healthier because of it. Mo’s goats were overjoyed, they knew they would not go hungry this winter, and they could play with Mo in the hills again.
Mo was able to give her extra milk money to her village to build a new well. Now all of the bunnies had fresh, clean water to drink. Mo’s friend Tal could finally start raising her ducks! The goats liked Tal’s ducks, they were fun to chase.
Because of microfinancing and her determination, Mo’s village was now a happier, healthier place for all the bunnies who lived there. But especially for Mo’s goats!