Thats the idea behind Katie Smith Milways book One Hen (Kids Can Press), a true story about a young boy from Ghana named Kojo, who uses the proceeds from a small loan to build a thriving farm and escape poverty.
In the book, Kojo borrows a tiny sum of money from his mom to buy one brown hen which lays eggs for him to sell.
After a while, Kojo is able to buy hundreds of hens and build a successful farm business all thanks to one hen and one microloan.
Although the story takes place all the way in Africa, author Smith Milway says kids in the States can learn to understand the power of a loan through Kojos story.
Smith Milway says kids running a lemonade stand can relate to Kojos microloan because in order to start a lemonade stand, kids must borrow a table, chairs, glasses, and money from their parents, with hopes of turning a profit.
She explains, Everyone needs a little help to develop a business.
Smith Milway hopes her book will teach kids the process of international development and inspire them to figure out ways they can fundraise and help developing countries.
One Hen hits shelves in March.
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