This project is a self-sustainable, comprehensive approach to help women entrepreneurs secure affordable loans. Complemented by business training and field evaluations, we ensure that they use the loans to grow their business and support their families. Your donation will allow us to increase the number of beneficiaries, furthering our impact throughout these low-income communities.
Women in Ghana lack access to credit from regular financial institutions for many reasons. Banking services can be hard to understand for people with a low level of education and women with small or no businesses are often seen by banks as too risky to lend to. Without a decent education or business training, many women are left running businesses that don't reach their potential. As a result, these women can't make the most of their resources and their incomes suffer greatly.
AFAWI screens, issues loans and offers business training to low-income women in two small communities outside Accra. The women run small businesses, and many have renewed their loans with us. They meet in groups to receive training, share their experiences and are encouraged to take active responsibility. They can afford school fees and better nutrition for their families. Several others have been singled out by AFAWI as candidates for future loans.
The Livelihood project is not just about loans - we will empower women with skills to last a lifetime. The women become more productive, so they can secure their families' future and revitalise their communities. The impact is inter-generational and can be felt at the local level. The Livelihood project also helps AFAWI support its other programs to promote gender equality and the welfare of women, such as HIV awareness, child support and menstrual management.