News

Rural Banks in Senegal Upgrade to Cutting Edge Technology

Rural Banks in Senegal Upgrade to Cutting Edge Technology

Thanks to the leadership of The Hunger Project-Senegal’s Microfinance Program Officer, Ms. Khary Cisse, the three Rural Banks in Senegal recently saw a strong evolution in information technology.

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THP-Ethiopia Inaugurates Savings and Credit Cooperative

THP-Ethiopia Celebrates IWD

The Hunger Project-Ethiopia focused 2014’s International Women’s Day on gender equality in savings and credit as part of the UN’s theme of “equality for women is progress for all.” The day was celebrated with an inauguration of Fetan Lewet, the Machakel Epicenter Savings and Credit Cooperative (SACCO).

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Empowering Women in Africa to Generate Their Own Household Income

Empowering Women in Africa to GenerateTheir Own Household Income

Meet Matilda Aba Tibua, a married woman with four children, who is now helping to support her home after participating in The Hunger Project's Vision, Commitment and Action and food security workshops. She shared, "The Hunger Project brought some confidence into my life that I can do better than I am doing now."

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"I Commit Myself to Continuing to Mobilize the Co-residents of the Village"

"I Commit Myself to Continuing to Mobilize the Co-residents of the Village"

Thanks to trainings at her epicenter, THP animator Argentina Paulo Cossa produces mobile stoves that use less firewood, and plans to open a handcraft workshop to produce other pottery products in addition to the stoves.

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Safe and Transparent Microfinance with the Smart Campaign

The Hunger Project endorses The Smart Campaign for safe and transparent microfinance programs

Critics of microfinance express concern that financial service providers are more interested in maximizing profits than meeting the needs of their poor clients and a new global effort, known as the Smart Campaign, aims to right this wrong. By identifying a set of common standards to guide all microfinance operations, the Smart Campaign provides a useful framework around which those who value putting clients first can rally. The Hunger Project recently signed on as an endorser of the Smart Campaign to demonstrate that it agrees with the idea that all microfinance clients deserve transparent, respectful and prudent services.

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Jaldu Epicenter Savings and Credit Cooperative Honored for Outstanding Achievement

Gudatu SACCO cups

Gudatu Saving and Credit Cooperative (SACCO), or rural bank, of The Hunger Project's Jaldu Epicenter in Ethiopia has been awarded two cups and certificates for its outstanding work in mobilizing the highest number of women members and the highest saving amounts among other SACCOs at the regional and federal levels.

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Two New Rural Banks Recognized in Malawi

Champiti Epicenter Rural Bank Recognition

The goal of the Microfinance Program in each epicenter is to have the facility gain government recognition as a licensed Rural Bank, owned entirely by community members and managed by a majority female board. The Rural Bank then provides the entire epicenter community with sustainable access to savings and credit facilities. THP-Malawi is therefore happy to announce the recognition of two new Rural Banks in Champiti and Ligowe Epicenters.

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Home Furnishing and Education Made Possible with Microfinance

Elizabeth Moyo.jpg

With the support of her Microfinance Program group and family, Elizabeth Moyo has become a successful business woman, able to pay school fees for her children and provide furnishing for her home.

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Microfinance Fosters the Development of a Local Leader

Genet Mosa.jpg

Genet Mosa utilized the Microfinance Program in her local epicenter to develop as a community leader, thrive as a business woman, nurture a savings account and improve the lives of her family and neighbors.

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"Change Your Mindset to Grow"

Mary Ballovi.jpg

Before joining the Microfinance Program, I had never imagined making an income or even dared to speak in public. Now I am President of our group and Vice-Chairman of the Board of Directors of the Kissamey Epicenter fund.

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