Micro-Credit Programme - Ready for Expansion
For the past few weeks, Lewa's community development team has been working to expand our women's micro-credit programme to include women in previously unexplored regions.
To the north of our boundary, over 650 women of all ages attended the introductory workshops, with an equally encouraging number, 450, turning up from the south.
Over 10 years of supporting women
The programme has supported over 800 women in the past 10 years by giving them access to low interest loans to carry our farming, start businesses and other enterprises.
Our Community Development Manager, John Kinoti, explains:
Majority of our beneficiaries are not deemed credit worthy by banks and other financial institutions. We are however immensely happy that quite contrary, most have used the loans to transform their lives through engaging in economic activities, and rarely default on the payments.
Additionally, they have formed sub-groups to learn more on governance, entrepreneurship and conservation. Many are now able to feed their families, pay school fees for their children and afford them basic healthcare. We couldn't have been more proud.
What next for the programme?
Our plan for the future of the programme is to only have more beneficiaries, but to also increase the amount of money available to lend the women. This way, they are able to have variety in their choice of businesses, as well as engage in more ambitious enterprises.