Setting Up Saving Groups

Setting up saving groups is among activities of the project “Women Empowerment to Claim their Rights” funded by BLF/AAIS, and implemented by SCDO. In the meeting we discussed about how the saving money would be so beneficial in promotion of economic status of the women, how to open a bank account from Dahabshiil, and the percentage of average monthly profits that could be depositable by each.

At the end, they opened an account bank from Dahabshiil, and saved $ 12,000, that each out the two hundred members used to save $ 5 per month.

For the reinvestment of the accumulated funds to their businesses, we collectively set up regulations and rules governing the revolving money.

Posted in women empowerment.