By Geoffrey Anguyo | Project Leader
We have been able to mobilize 115 peole to join village savings and loans cooperatives. 83 of these are women and 28 men. 52 women have joined the rabbit cooperatives group, 11 vegetabe cooperatives, 9 crafts cooperatives, 5 mashrooms cooperatives and 6 multi porporse cooperative group that buys items from the smaller cooperatives. We are now supporting 9 cooperatives in total. all the 28 men mainly youth have joined the rabbit cooperatives groups. We have organized trainings for all the 9 groups mainly on record keeping and effective savings cuture. We have also trained them on how to plan before borrowing and how to plan the repayment schedule. Our team is designing a system and tools to track the loans and savings from the different groups and impact evaluation. Our target is to see how poor families move from one economic stage to another. we thank all our donors who have contributed to this project. This project has a great potential to lift many poor families and househods out of poverty.
By GEOFFREY ANGUYO | Executive Director
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