MICROCREDITS MALI
With our support the charity "Houses of Hope", will launch in Bamako (Mali) a microcredit programme for 150 young aspiring businesswomen in 2022 and 23. Each credit group has 10 members and is led by a president ensuring that the rules are observed. All women vouch for each other. The programme is supplemented by a cooking school, teaching food preservation for later sale. There are aso lessons in bookkeeping and marketing skills.
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Microcredits give the women the means to buy supplies for their self-employment. In Mali, there is poverty, hunger and food shortages. Meals are expensive, families lack money. At the same time, due to insufficient cooling, surplus food spoils after the harvest because it cannot be processed quickly enough.
The majority of the supported women are solely responsible for the family income. They often provide for the entire extended family. Microcredits are an important contribution to developing the independence and self-reliance of young women in Mali. A prerequisite for participation is an agreement with the mothers to send their children to school.