The goal of a microfinance and cooperative strategy can be to enhance easily accessible, cost effective and sustainable financial services to the people living in the project area that would enable increased investment in income generating activities resulting in an increase of their income levels. The strategy would specifically:
- Enhance accessibility of financial services
- Enhance women’s participation and decision in policy making-processes at all levels
- Enhance the capacities of people in the area of money management
The results of the strategy can be:
- Targeted households are able to access basic micro-financial services that include savings and credit.
- Increase their income levels by investing in both farm and off farm enterprises.
- Leverage funds from formal financial institutions
- Enhance their capacity in cooperative management.
Microfinance, Cooperatives and Microinsurance as Sustainable Solutions……….Goal of Microfinance and Cooperative Strategy……….Cooperatives as a Means to Promote Sustainable Livelihoods……….Self-Help Groups……….Entry-Point Activities……….Savings and Credit Cooperatives……….Sustainability of Cooperatives……….Gender in Microfinance and Cooperatives