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Anti-Poverty Initiative (API)

Anti-Poverty Initiative (API)

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Project Information

Helping underprivileged women become micro-entrepreneurs

Annual Goal: $$10,000.00

Year to Date Gifts: YTDTOTAL

Describe the need affecting community
Women (mothers) in Senegal have the unenviable responsibility to provide for their families. In most cases many, have been abandoned by their husbands or their husbands have little, or no income to support the family. Usually, these women have little or no economic skills. Even when they have economic skills, they do not have the needed capital to launch income-generating activities. Due to discrimination(blamed on the culture), and the lack of collateral and institutional reasons, they are not able to access capital from formal financial institutions. The consequence of this situation is rampant poverty in their communities. The lack of preventive health education and practice in these women's communities have made the situation worse. There is a positive relationship between poor health and poverty. Being frequently ill from preventable diseases robs some who could work the opportunity to earn more income to support their families.
How will this Advance project help to address the need?

As a result of Anti-Poverty Initiative's intervention 1. More than 2,500 women have received business capital. 2. More than $1,500,000, in revolving loans, has been disbursed to women support their businesses. 3. More than 10,000 women and their families have so far benefited from our programs. 4. Through our savings program. Seven women micro-credit groups have accumulated enough savings. Which they now use to finance or grow their micro-businesses. They no longer need capital from us. 5. Many of the women have reported positive impact on their lives and those of their families due to Anti-Poverty Initiative's intervention.

Describe the primary goal of the project

The primary goal of Anti-Poverty Initiative is to reduce poverty in the communities of underprivileged Senegalese women and their families using micro-credit programming, savings promotion and preventive health education. The long term impact is that these communities are economically empowered. This means that they have the means to meet the basic needs of their families which include adequate food, clothing, education of their children and health.

Describe the change you would like to see in the community as a result of this Advance project.

We expect to see the following: 1. Significant reduction in poverty in the communities where we work. 2. Many underprivileged women are now economically empowered as they have much more means to meet their families' needs like food, clothing, children's education. 3. Women in the communities who have saved enough money to finance their micro-businesses. 4. Healthier communities due in part to preventive health practice.

Budget and Financial Information
Income
Annual Advance Financial Goal
$10,000.00
Local Financial Support
$89,617.00
Interest from loans
$10,000.00
Non-united Methodist donations
$5,000.00
$114,617.00
Expense
Training, transportation, supplies, equipment purchases, bank charges.
$7,373.00
wages
$16,756.00
capital disbursement to women entrepreneurs
$86,000.00
rent,repairs,utilities, miscellaneous
$4,488.00
$114,617.00
Contact Information
Project Contact
Mr. Sebastine Ujereh
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