Sponsor Microfinance: Empower Small Businesses

by Develop Africa, Inc.
Sep 6, 2011

Teamwork Helps Microfinance Group Forge Ahead - We are a Part of This Team

Teamwork - group members preparing water for sale
Teamwork - group members preparing water for sale

Warm greetings:

We would like to share with you 2 specific points that are of note - as follows:

1.  We are continually encouraged by the steady progress that our microfinance beneficiaries are making.  Loan repayments are on schedule for the majority and the funds have introduced income stability and progress.

2.  The Bo women's group of recipients are working together as a team - more than we have ever experienced before. Typically, the beneficiaries meet periodically to discuss progress - but the Bo group is a lot more cohesive.  They existed as a group before funding and have continued to be self-supporting - chipping in and helping each other through cycles of labor need. 

During my visit in May, I observed them at work together, as they helped fill packets of water.  They also spend time regularly discussing progress, issues and challenges.  This approach has helped them succeed in the midst of a "tight" economy.  This is a key improvement opportunity that we are sharing with other beneficiaries.  Team work does make a difference. As the saying goes - this group, united is standing strong.

Worldwide, we are all a part of this team as we have significantly contributed through our donations to their success.  Their success is our success and we celebrate and thank you for your on-going support.


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Organization Information

Develop Africa, Inc.

Location: Johnson City, Tennessee - USA
Website: http://www.developafrica.org
Project Leader:
Sylvester Renner
Johnson City, Tennessee United States