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In
general, African women in rural villages are managers of their household
economics. They are in charge of nutritional elements in the family,
and they plan for the survival of their extended families - including
those yet to be born. These women are mothers, wives, farmers, seamstresses,
weavers, cooks, traders, home-grown nurses, etc. They go from one
village market to another, sometimes covering a dozen miles on foot
each day while balancing a baby on the back and merchandise on the
head and hands. They work very hard to earn their living.
Have you had the occasion of chatting with African women who "buy
and sell" in order to support their families? Waking up very
early in the morning, a woman roasted her several pounds of fresh
peanuts and went to the school grounds to sell to school children
and passers-by. She usually sold off in early afternoon. Her capital
was less that $10. She makes a small profit each time. But since
she has to buy food items for the family dinner from her profit,
she is forced to remain in a perpetual cycle of doing the same things
every day and not able to grow beyond where she has been for years.
It is difficult for her to make any savings and grow her business
because her capital. She has a viable business, a good chance for
growth, but very limited capital. This is where a well-structured
micro-credit becomes saving grace.
What is the real worth of a US$75.== ? The answer depends on whether
you are in the US, or in Sierra Leone, or in Nigeria, or in the
Congo. In the US, it could be enough to fill up the gas tank of
a motor-home, or the cost of a family’s casual dinner out - wine
and tips excluded! In a typical African village, $75.== is enough
to launch an above-average local business venture. In the hands
of a conscientious trader, like the peanuts woman in our story above,
a $75.== loan could help her and her family break out of the cycle
of poverty. In a reasonable period of time, she herself could become
an employer, and her children’s education assured.
A well-structured micro-credit program enables people to break
out of the cycle of poverty and dependence. Such a program recycles
its resources over and over again. There is dignity in labor. This
is not a hand-out! It is gifting that keeps giving.
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