China Foundation for Poverty Alleviation

China Foundation
for Poverty Alleviation

Founded	March 1989 (March 1989)
Focus	Healthcare, Education, Livelihood, Disaster Relief
Location	Beijing, China
Area served	China, Africa, Asia, Latin America
Key people	Yingbi Duan: President Wenkui Liu: Secretary General
Slogan	Persistence Brings Changes
Mission	Disseminate good and reduce poverty, help others achieve their aims, and make the good more powerful
Website	Official Website

China Foundation for Poverty Alleviation (CFPA) (Chinese: 中国扶贫基金会) is a nongovernmental charitable organization in Beijing, China, registered under the Chinese Ministry of Civil Affairs in 1989 and professionally supervised by the State Council Leading Group Office of Poverty Alleviation and Development.

In 2016, CFPA raised poverty alleviation funds and materials totaling RMB 456 million (est. 67 million USD) to deliver aid and assistance in over 29 million individual cases for impoverished persons and disaster victims. To date CFPA has raised total funds and materials worth RMB 24 billion (est. USD 3.5 billion) and delivered aid and assistance in 4.29 million individual cases.

CFPA’s first international project was realized in the wake of the 2004 Indiana Ocean tsunami when the organization raised funds for affected disaster victims.

Since then CFPA has expanded overseas to help those in need across the world, and is actively campaigning for more Chinese CSOs to launch humanitarian projects abroad while advocating for favorable government policies facilitating overseas operations. As of 2016, CFPA has undertaken work in 10 countries outside China and has long term projects in 4 countries; Myanmar, Nepal, Ethiopia and Sudan, with registered offices in Nepal and Myanmar.

Overview

The CFPA aims to achieve their missions through active donation and outreach project initiatives. Since 1989, the CFPA has accumulated an amount of ¥2 billion (approximately $315 million) in aid and has helped over 40 million individuals afflicted by poverty.^[1]

Projects

Microfinance Project

The project aims to help people who are unable to get credit from banks, especially women. It also aims to provide financial support to the poor, increase self-sustainability and independence of the poor and support the development of the organization itself. The CFPA is also an affiliate of the Mercy Corps Partnering with banks and founding banking institutions, Mercy Corps facilitates microfinance around the world.)^[2]

As of February 2007, CFPA's Microfinance Project has set up 10 subsidiaries nationwide, managed loans of ¥68.5 million, and has effectively provided assistance to over 21,000 people.^[3]

New Great Wall Project

This project targets the poor tertiary students who consists of 20% of current tertiary student populations. This group of pupils face both financial difficulties and psychological pressure. Through the project, CFPA provide three forms of support to these students:

• Annual financial aid of ¥2,000 (approximately $330) per person
• In areas where poor tertiary student density is high, CFPA organises Self-Support Societies to improve the overall capabilities of the students
• Provide employment training, guidance and assistance to enhance their employability

Disaster Relief Project

Since 2001, CFPA actively seeks funding and relief supplies from international organisations, both local and overseas enterprises, and from the public to support its disaster relief projects. At the end of 2006, relief supplies accumulated were worth ¥170 million, while relief funds amounted to around ¥3 million. ¥150 million worth of supplies and about ¥3 million has been used to help the poor who are affected by the disaster.^[4][5]

References

External links

• Official website (in simplified Chinese)