Rural Micro-Finance for Poverty Alleviation

 
$3,676
$71,324
Raised
Remaining

Summary

Train women and youth in savings and lending activities; augment their income-generating activities; create self-help solutions to community issues and strengthen their literacy and math skills.

What is the issue, problem, or challenge?

Rural women and youths in Zimbabwe suffer from a hyperinflationary economic environment: a deteriorating market for their small goods and tough conditions to accumulate significant assets. This project will train 40,000 women and youths in savings and lending activities, empowering them economically and helping them boost their individual income-generating activities.

How will this project solve this problem?

Introducing members to savings and lending services to strengthen literacy & math skills; creating associations to address community-wide issues through self-sufficiency; building capacity to carry out effective large-scale micro-finance activities.

Potential Long Term Impact

Correcting gender imbalances that exclude women from resources that contribute to their empowerment in the household and society. Providing means for the reduction of poverty among women and youth members, the majority of whom live in rural areas.

Funding Information

Total Funding Received to Date: $3,676

Funding Information

This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.

Donors' contributions and pledges to this project totaled $3,676 .  The original project funding goal was $75,000.

Additional Documentation

This project has provided additional documentation in a Microsoft Word file (projdoc.doc).

Resources

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Funded

Thanks to 21 donors like you, a total of $3,676 was raised for this project on GlobalGiving. Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.

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Organization

Project Leader

Dennis Takaendesa

Programme Officer (ZALA)
Kopje, Harare Zimbabwe

Where is this project located?

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