Micro credits

Objective

Provide funding to setup activities to generate income for less wealthy women who do not qualify for a bank-loan or the MFI (Micro Financing Institution).

General

A ‘ fair ‘ micro credit is available for all women. Fair means that the interest rate should not exceed a maximum of 7% per year and that there are transparent award procedures.

The administration for the credits is arranged by the Women Association.

Results 2015

• 2.359 women are using micro credit
• 2.048 women have been able to expand their activities by the rise of the annual loan amount.
• Approximately 1.000 children can now make use of medicines during sickness. This is made possible by the income-generating activities of the mothers

Realization 2016

	Objective	Rate of increase in 2015
Number of women with micro credit	2.670	13%
Loan amount per women	35	14%
Loan total amount	93.500	22%

In recent years we have noticed that projects led by women are more successful than projects led by men. Men often have issues among themselves about women, money and land ownership.