Sierra Leone
Nepal
Sierra Leone
Nepal
Sierra Leone
Sierra Leone
Nepal
Sierra Leone
Nepal
Sierra Leone
For many years, microfinance is a proven model of prevention against continued poverty, violence, and labour migration, recognised as such by KETAAKETI and its partner organisations. Microfinance empowers women, enables children to attend school and improves the economic situation of families - with a self-perpetuating effect. Particularly in times of crisis, such as the Covid-19 pandemic, people have a better chance of surviving and being able to sustainably provide for themselves in the future. Income from microfinance is generated quickly, (especially in the case of small stores, market stalls or animal breeding) and therefore counteracts the great financial need and lack of hope after just a few weeks.
Burundi:
For many years, microfinance is a proven model of prevention against continued poverty, violence, and labour migration, recognised as such by KETAAKETI and its partner organisations. Microfinance empowers women, enables children to attend school and improves the economic situation of families - with a self-perpetuating effect.
Particularly in times of crisis, such as the Covid-19 pandemic, people have a better chance of surviving and being able to sustainably provide for themselves in the future.
Income from microfinance is generated quickly, (especially in the case of small stores, market stalls or animal breeding) and therefore counteracts the great financial need and lack of hope after just a few weeks.
Burundi:
For many years, microfinance is a proven model of prevention against continued poverty, violence, and labour migration, recognised as such by KETAAKETI and its partner organisations. Microfinance empowers women, enables children to attend school and improves the economic situation of families - with a self-perpetuating effect.
Particularly in times of crisis, such as the Covid-19 pandemic, people have a better chance of surviving and being able to sustainably provide for themselves in the future.
Income from microfinance is generated quickly, (especially in the case of small stores, market stalls or animal breeding) and therefore counteracts the great financial need and lack of hope after just a few weeks.
Burundi:
KETAAKETI works with NGOs in the poorest countries. They select groups of 10 women (increasingly also men) who will each implement their business idea with €100 in interest-free microfinancing.
Criteria for selecting the women are: need, high motivation and their own business idea.
Each woman decides autonomously according to her abilities and the opportunities open to her. In all countries, the women receive intensive training and support. Our respective partner organisations are their contact persons, alongside local social workers or school principals.
KETAAKETI works with NGOs in the poorest countries. They select groups of 10 women (increasingly also men) who will each implement their business idea with €100 in interest-free microfinancing.
Criteria for selecting the women are: need, high motivation and their own business idea.
Each woman decides autonomously according to her abilities and the opportunities open to her. In all countries, the women receive intensive training and support. Our respective partner organisations are their contact persons, alongside local social workers or school principals.
KETAAKETI works with NGOs in the poorest countries. They select groups of 10 women (increasingly also men) who will each implement their business idea with €100 in interest-free microfinancing.
Criteria for selecting the women are: need, high motivation and their own business idea.
Each woman decides autonomously according to her abilities and the opportunities open to her. In all countries, the women receive intensive training and support. Our respective partner organisations are their contact persons, alongside local social workers or school principals.
A sum of €100 is given as start-up capital to a woman or family. This enables them to set-up their own small enterprise of their choosing. This enterprise then generates sufficient income to enable regular primary school attendance for the children and sufficient nutrition.
Experience has shown that many women choose to engage in agriculture to breed animals, grow vegetables and engage in trade. Some women run small tea stores or sewing workshops.
In Nepal, the focus is on raising and selling goats and chickens or selling eggs (all with quick returns), as well as producing crops. In Burundi, amongst other enterprises, many successful street food stalls have been established that generate a steady income. In Sierra Leone, many women set up small stores either in their homes or even street stalls in the nearby larger towns.
A sum of €100 is given as start-up capital to a woman or family. This enables them to set-up their own small enterprise of their choosing. This enterprise then generates sufficient income to enable regular primary school attendance for the children and sufficient nutrition.
Experience has shown that many women choose to engage in agriculture to breed animals, grow vegetables and engage in trade. Some women run small tea stores or sewing workshops.
In Nepal, the focus is on raising and selling goats and chickens or selling eggs (all with quick returns), as well as producing crops. In Burundi, amongst other enterprises, many successful street food stalls have been established that generate a steady income. In Sierra Leone, many women set up small stores either in their homes or even street stalls in the nearby larger towns.
A sum of €100 is given as start-up capital to a woman or family. This enables them to set-up their own small enterprise of their choosing. This enterprise then generates sufficient income to enable regular primary school attendance for the children and sufficient nutrition.
Experience has shown that many women choose to engage in agriculture to breed animals, grow vegetables and engage in trade. Some women run small tea stores or sewing workshops.
In Nepal, the focus is on raising and selling goats and chickens or selling eggs (all with quick returns), as well as producing crops. In Burundi, amongst other enterprises, many successful street food stalls have been established that generate a steady income. In Sierra Leone, many women set up small stores either in their homes or even street stalls in the nearby larger towns.
Nuela from Burundi:
"Life here is very difficult. With something Money I could start a business in the market. Some land that I would cultivate would also be good. ... Yes, we are poor, but we can do something if someone helps us and hears our voices. It would help lead a better life and prevent our children from having to drop out of school."
Nuela from Burundi:
"Life here is very difficult. With some money I could start a business in the market. It would also be good to have some land that I would farm. ... Yes, we are poor, but we can do something if someone helps us and hear our voices. It would help lead a better life and prevent our children from having to drop out of school."
Interview with Nuela from Burundi:
"Life here is very difficult. With something Money I could start a business in the market. Some land that I would cultivate would also be good. ... Yes, we are poor, but we can do something if someone helps us and hears our voices. It would help lead a better life and prevent our children from having to drop out of school."
The (interest-free) repayment and transfer of the invested amount to the next group of women after approximately 12 months creates a large network of solidarity within the village community and beyond.
The development continues from village to village, in a way that opens the route to autonomously pave the way to independence.
In this short video, you can see a group of women who have already earned money and have been able to save so much that the original amount received of €100 can be given to the next group of women. And the cycle starts again.
The (interest-free) repayment and transfer of the invested amount to the next group of women after approximately 12 months creates a large network of solidarity within the village community and beyond.
The development continues from village to village, in a way that opens the route to autonomously pave the way to independence.
In this short video, you can see a group of women who have already earned money and have been able to save so much that the original amount received of €100 can be given to the next group of women. And the cycle starts again.
The (interest-free) repayment and transfer of the invested amount to the next group of women after approximately 12 months creates a large network of solidarity within the village community and beyond. The development continues from village to village, in a way that opens the route to autonomously pave the way to independence.
In this short video, you can see a group of women who have already earned money and have been able to save so much that the original amount received of €100 can be given to the next group of women. And the cycle starts again.
Oldenburgische Landesbank
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