Microcredit Capacity Building

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Microcredit Capacity Building
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Project Type(s):



Community Name: Niger
Country: Niger
Volunteer(s) Name: K Souza
Volunteer(s) Homestate: Virginia
Funds community contributed: $292
Percentage community contributed: 27%
Funds needed were: $779
Funds requested were: $779
PPCP #: 683-161
Year of project approval: 2009
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Projects started in Niger 2009 (16).
Classroom Construction, Community Classroom, English Textbooks, Farmers' Cooperative, Grain Bank, Grain Bank (Niger), Microcredit Capacity Building, Millet Grinder, Millet Grinder (Leemon), Millet Grinder (Niger), Project Template (Niger), School Garden to Introduce Health and Nutrition, Soap to Combat Poverty, Village Health Improvement, Water tower … further results
Flag of Niger.svg
Other Projects in Niger (16).
Classroom Construction, Community Classroom, English Textbooks, Farmers' Cooperative, Grain Bank, Grain Bank (Niger), Microcredit Capacity Building, Millet Grinder, Millet Grinder (Leemon), Millet Grinder (Niger), Project Template (Niger), School Garden to Introduce Health and Nutrition, Soap to Combat Poverty, Village Health Improvement, Water tower … further results
State Flag of Virginia.svgOther Projects by Volunteers from Virginia (28).
Abomey Secondary School Renovation and Addition, Achajur Water Supply Pipeline Mapping, Assomada Solar Desalination Project, Ballin' in Benin, Mike Bouchard, Building sustainable livihoods in Tavush marze, Community Pre-school and Library, Will Dickinson, Elementary School Improvement, English Language Summer Camp, English Resource Center (Kazakhstan), Volunteers who served in Russia, Russia volunteers, Family Training Center, Feghana Nurses Technical and Non-Formal Education Trainings … further results
Other PCPP Projects by Volunteers (439).
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Info about the Microcredit Capacity Building

Mutuelle, a local microfinance organization, offers Nigeriens savings and loan services to individuals and groups whom may not have access to traditional banking. The organization provides access to capital which can be used to invest in income generating activities. Currently, the majority of the clients are from the town in which the organization is based. While there is demand for the services of the organization in the surrounding communities, financial or social barriers prevent community members from traveling to the organization's office.

This project is designed to reduce transportation barriers in accessing microcredit to members of the surrounding communities. A vehicle will allow the leadership of the organization to travel to villages and towns in the surrounding community giving presentation on the benefits of microfinance and offering the organization's services at the door step of more isolated communities. This will increase the potential financial resources available to underserved community members; particularly women. The additional revenue will benefit the current clients by increasing the pool of money available to lend to all clients of the organization. Also, it will spread the risk of default among a larger group of individuals protecting the organization and clients from localized external shocks such as fires or floods. With the motorcycle, both the community members of the town and the surrounding communities will benefit from the increased access to credit and strengthen organization.

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