Microcredit does make a difference

Written by Kira Kay on .

Our second microcredit location in Sivanagar village held their AGM with a lot of smiles and good feelings! The women now fully manage the financial structure – Savings and Credit cooperative - We have supported them with training and guidance to be able manage the daily activities and yearly audits required to complete an AGM. All our microcredit initiatives are registered with the appropriate financial bodies within the relevant district within Nepal and we aim to ensure the structures will last into the long-term. Our most recent initiative in Syandi village is now fully registered and first loans have been disbursed to women wishing to start their own entrepreneurial activities after our provision of initial skills training... more news to come when I visit them in April 2017.