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.
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.
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.
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.
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.
Ms. Khady Seck is chair of a microfinance women's group in Diokoul Epicenter in Senegal. Empowered by the epicenter trainings, Khady has also taken on the position of counselor to the village women and coordinated the shared maintenance of the local environment, reducing rates of diseases like malaria.
My name is Mrs. Lénindou Agbognihoue. It is because of the lessons I learned from Vision, Commitment and Action workshops at [my] epicenter that I had the courage and strength to take care of myself and the future of my children.
Mrs. Carlota Pelembe, mother of seven and Microfinance Program partner at Manhiça Epicenter in Mozambique, learns how to best manage her loans for maximum profit.
Thanks to lessons learned at THP workshops, Gisèle Azandossessi increased her farm and her income. With the profit, she was able to purchase a motorbike and can now sell her rabbits in town.
Agnes Adjei from Anukpenya, Manstekope Epicenter in Ghana mobilizes her fellow partners to generate income and thrive as a community through the Microfinance Program. "My wish is to be economically self-reliant and to help our economically active poor women to do the same," she says.