Micro credit group

13.January 2016

Momella's sewing group began to think commercially! In their weekly meet-up they founded their own micro credit group. 5000 tsh (~2,50 euro) are laid aside after each meeting. If someone deposits this amount of money they get a stamp in their passbooks. After a certain amount of money they are allowed to take credits, payed back with added interests. Their system works really well for the women! 

Debts can be payed, new roofs built and funerals organised.

It's a big step for Momellas women! Congratulations!!