avale stories

Avale Story

In many countries, women are beginning to achieve equality in almost every work of life. They have started achieving equality in the health sector, educational industry, financial industry, and many more areas. However, the world has not experienced such kind of progress when it comes to economic opportunities for women. Women consistently trail men when it comes to formal labor force participation, access to credit, minimum saving rate, income level, ownership rights as well as inheritance.

According to research, putting economic resources in Women’s hands is a great way to accelerate development and sustainably reduce poverty. Women tend to invest more in their community and family more than men, spreading wealth and increasing the quality of life for themselves and their families.

With that in mind, the Put Women in Mind Foundation has set up a project that distributes small capital loans in the form of investment to 100 Makoko women for one year. This is the first phase of the project as we aim to also extend to other women in other communities after one year when these Makoko women repay their small capital loans.

Apart from sharing these loans, we aim to help women develop financial literacy as well as help them invest in income-generating activities. Finally, these women will be assisted to improve their skills through a forum teaching any profession of their choice and increasing capacity in managing assets and generating income.

We’re always on the lookout for the betterment of women in rural areas; that’s why we call on the general public to help raise funds to kickstart this project and also help us look for ways to improve our services towards women by dropping their suggestions in the comment section. Be your fellow women’s keeper today and ensure that they rise above poverty.