Trift and loan scheme - Portail sur le developpement local au

Trift and loan scheme
To provide employement for unemploye women
Description du micro projet :
This project where members contribute fixed amount of money each and keep like a working capital. This money is then
given to members at an interest rate of 5% per 1000 recording to application needs. The members applying for a loan
must present a surety to the group and also pledge to pay the money by instalment interest inclusive. By so doing, the
group raise money from the interest and the members gets business capital. The project is meant for members of the
group who are not able to raise capital by themselves. All the monetary transaction are carried out in the meeting house
coordinated by the executives of the house. Capital is raised by contribution from members and loans are them given out
from this amount. These loan are given out to help provide capital for needy members to start up small sealer business.
The project that started in 1998 has a certain number of objectives which are essentially to provide loan able capital, to
encourage women to carry out income generating activities to provide employment for unemployment women , to
encourage women to read and beyond , to sustain and alleviate poverty in the women. The problem met by the project
was the lack of initial financial contributions by members, maintaining and encouraging members on the benefit of the
project. The other problem are the keeping of the record of the loan scheme, the payment of interest on loans and the
follow - up of business projects. Actually, 90% of the 20 members oven store and shops and they have generated
income from loans. And members are able to pay their contributions in the group and children fees . They can clothe
themselves better than before.
COMMENTAIRES : This project has really been a success as most members and their families are beneficing from the
project made from their business. If assistance could be given by training some members like credit officers to better
handle and maintain the bookkeeping and accounting records of the group. It will ameliorate the existing project and
made more beneficial to members and non- members.
NOTES : Cette fiche a été rédigée dans le cadre du répertoire des initiatives de mobilisation et de construction des
partenariats pour les acteurs urbains du Cameroun.
MENYE, Paul Armand - 31.07.2002
Organisme : ASSOAL POUR LE DEVELOPPEMENT LOCAL
Adresse : Tel : 994 79 53
Entretien avec : Ngoke Particia Tih, BP 517 Bamenda, Tel : 336 19 69/759 68 20
Sources :
ENTRETIEN.
MOTS CLES
Mots clés DPH : INSERTION SOCIALE
Mots clés internes : UWG=UNIVERSAL WOMEN'S GROUP
Géographie : CAMEROUN
Localisation : BAMENDA
http://devloc.tmpds359.haisoft.net - Le Portail du D�veloppement Local au Cameroun
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