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MOZAMBIQUE WOMEN CREDIT COOPERATIVES OUR PAST, PRESENT & FUTURE WELCOME TO THE PRESENTATION. Nairobi, 9 th to 14 th September 2012. General Objective. Give a brief history about Mozambique Women Credit Cooperatives : Nampula, Nacala & Pemba Specific Objectives Background Information:
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MOZAMBIQUE WOMEN CREDIT COOPERATIVESOUR PAST, PRESENT & FUTUREWELCOME TO THE PRESENTATION Nairobi, 9th to 14th September 2012
General Objective • Give a brief history about Mozambique Women Credit Cooperatives : Nampula, Nacala & Pemba Specific Objectives Background Information: • Mission and Vision of the Cooperatives; • Illustration of photos showing some income generating activities carried out by the members. • Members who have overcome the poverty • Challenges • Conclusion
Women Credit Cooperatives • Nampula-was opened in 1994. • Nacala - was opened on 23rd of February 2009. • Pemba- Not open yet.
Mission • To save money in a safe place and to provide credit to members in order to run their small businesses and to provide other services for the improvement of their current socio- economic situation.
Vision • To build up a financial institution that provides saving services and competitive and sustainable credit for women with low income.
Existing Members • Nampula-There are 4.491 members in total. • Nacala-There are 497 members in total. • Pemba- Not registered yet. • Next, We would like to show you some members who have benefitted from receiving credit.
Members who have overcome poverty • In Nampula 3,000 members have gotten out of poverty • In Nacala, 250 members have gotten out of poverty
Our challenges • Lack of independence of women; • Women in our cooperatives still have a high rate of illiteracy; • Most of our members have no management skill for household economy; • Low training in the field of business management; • The empowerment of women and local community development is still our main focal point
CONCLUSION • Women credit cooperatives is one micro finance, is not a silver bullet that will eradicate poverty but it helps because it puts resources into the hands of women and alows them to make choices that have immediate impact on lives of their families-better helth and education for their childrem.
The end THANK YOU MUITO OBRIGADO KOSHUKURU