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EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS

by BAMENDA WOMEN CO-OPERATIVE CREDIT UNION
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS
EMPOWERMENT OF WOMEN THROUGH MICRO CREDITS

Summary

The project is on empowering women through micro credits. Women in our targeted area, do not have access to credit because they cannot provide the collateral security demanded by most financial houses. Our project solicit for a revolving fund to enable us grant loans to targeted women who are our members. This would enable them generate income and thus be able to solve their social needs rather than depend on the man or sell sex for money. This would also fight against HIV/AIDS.

$0
total raised
0
donors
0
monthly donors
5
years

Challenge

The project is dealing with rural women who have little access to credit. All formal institutions demands collateral securities to back credit given to borrowers. This project involve women who only do not have access to collateral security but are bared from acquiring one following the traditional believe. The target group are women doing small businesses\agriculture and finding it difficult to expand because of no or little access to formal credit.

Solution

The project is soliciting for a revolving fund to be deposited in the credit union owned and managed by women. It would be used in granting loans to this targeted group to help expand on their business/agricultural activities. Repayment would be closely monitored and credit recycled to target about 1,020 of the women who fall within this social group.

Long-Term Impact

The long term effect would be the emancipation of the women economically. Here the women depends solely on the men for their livelihood thus subjecting them to all form of social degradations. With economic empowerment, the women would be able to provide some of their needs thus making them not to be too dependent to the man who subject them to all sort of social ridicule. This project targets 1,020 rural women.

Additional Documentation

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

Resources

Cameroon Co-operative Credit Union League

Organization Information

BAMENDA WOMEN CO-OPERATIVE CREDIT UNION

Location: BAMENDA, NORTH WEST REGION - Cameroon
BAMENDA WOMEN CO-OPERATIVE CREDIT UNION
NGAH  PATIENCE ROHKA
Project Leader:
NGAH PATIENCE ROHKA
Bamenda, North west region Cameroon

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This project is no longer accepting donations.
 

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