SSDO

SSDO ESTABLISHES VSLA IN IBUTE-NZE COMMUNITY

We understand that poverty lies at the heart of unreported cases of Gender-based violence (GBV). Most women are often afraid they will lose their economic support if they report. Women have a huge role to play in nation-building. Gender inequality, unpaid care, and a largely unskilled women’s group are some issues to name a few that hold them back.

Women’s empowerment is one of the practical solutions to reducing the cases of violence against women. Understanding this, South Saharan Social Development Organization, through its Sister Guardian Initiative is empowering women in Ibute-Nze community by establishing a Village Savings and Loans Association. 

VSLA is a self-select savings group that uses members savings to lend to each other so they can grow their businesses. VSLAs offer a community-based financial platform that empowers women to invest in sustainable businesses. Through these community-driven financial solutions, women can secure the necessary funds to grow their enterprise. 

The VSLA in Ibute-Nze has been successfully set up and women trained in financial literacy and entrepreneurship. The group has selected its executives and is fully operational. The group will be monitored to proffer technical assistance and guarantee the sustainability and effectiveness of the VSLA operations.

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