As the global COVID19 situation continues to evolve rapidly, many people in the developing world are already facing famine and starvation. Our goal is to raise funds to help feed women and families with young children. We are targeting women in the informal sectors that rely on small commercial activities to feed their families; activities now shutdown due to COVID19. They live day by day with money earned daily from these informal activities. 100% of the funds raised will go to the cause.
As the Coronavirus continue to spread around the globe, it is impacting severely the poorer communities in developing countries. The informal sector is predominant across Sub-Saharan Africa; in Benin, informal economic activities are particularly high and contribute over 50% of the country's GDP. The COVID19 Pandemic has force nations to shutdown most commercial activities , taking away the life-line employment for poorer communities already susceptible to famine, especially women and children.
Our COVID response, through this project , targets families and individuals that rely on small informal sector economic activities to provide for their families. Our target group depends on the daily cash generation to feed the family. They often have no savings to fall back on in situations like this. 100% of the money raised will go toward feeding this extremely vulnerable segment of the population in rural towns in Benin. The support will be in food and/or cash transfers.
The aim is to help families get through the months of the COVID19 Pandemic. As economic activities resumes, most of the individuals can resume their informal economic activities and return to independence. We do understand that start-up capital may be required for some of them in order to be able to resume activities after the COVID19 crisis; so, BEF staff are looking to identify where the women can obtain funds through grant programs or small loans from the local Micro Finance Institutions.