Provide financial life-line in Togo and Kenya

by ACTION10
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Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya
Provide financial life-line in Togo and Kenya

Project Report | Feb 27, 2019
99% of the loans have been paid back & reinvested

By Adriana Bozbiciu | Project Team Member

The sustainability of our projects is one of our main focus areas. We don't consider a project "successful" until it is not in the hands of the community that benefits from it. Until the community embraces the change and knows how to bring prosperity in the long term.

Therefore, besides helping more than 350 women set up their own businesses, we are extremely proud that 99% of the loans have been paid back and reinvested into new businesses. As you may recall from previous reports, one effective way to support the sustainability of the project was to put the women into groups and together to share a collective responsibility for meeting loan repayments. This way if one woman can’t make a repayment one week, the group will pay it back on time.

This method has proven successful and now we just have to continue getting more and more women into the program. Every day, the majority of people living in the countryside in Togo suffer from malnutrition as a result of extreme poverty. Inadequate healthcare, poor educational facilities and child labour compound the difficulties for many rural villagers. What’s more, a husband has legal powers to restrict his wife’s freedom to work and to control her earnings, reducing the development of human capital and long-term poverty reduction. Although many of these women want to contribute to the family income, they do not have the resources, support or training to join the labour market.

There's where WE come in TOGETHER.

Thank you for your support!

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Nov 29, 2018
Helping communities to build a sustainable livelihood altogether

By Adriana Bozbiciu | Project Team Member

Sep 4, 2018
Women scaling their businesses

By Enkeleda Ibrahimi | Project Leader

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Organization Information

ACTION10

Location: Bromma - Sweden
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Project Leader:
Cecilia Öman
Bromma , Sweden
$20,197 raised of $30,000 goal
 
214 donations
$9,803 to go
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