Micro credits

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.

Blijf op de hoogte van onze ontwikkelingen!