Development Projects
Project Card
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Project Name
MICROCREDIT AND STRENGHTENING OF THE RURAL COOPERATIVE SYSTEM
Locality
PROVINCE OF RUYIGI, MUNICIPALITY OF RUYIGI AND BUTEZI
Recipients
THE POPULATION OF RUYIGI AND BUTEZI
Project status
IN PROGRESS
Description


The area of intervention of this project is Microcredit and it aims to improve the economical conditions of the families in the province of Ruyigi, in the districts of Ruyigi and Butezi. The type of microcredit proposed (CECI) intends to create a system of community solidarity of savings and credit amongst the beneficiaries, as a source of financing for the families that participate.

The project wants to extend and solidify the results of a previous action, co-financed by the Autonomous Region of Friuli Venezia Giulia as well, thanks to which 30 groups of savings and credit have been created.

Ten new groups will be created, and training activities on resource management and cooperation will be proposed to the existing groups. Indeed the principal idea is creating a savings and credit cooperative (COOPEC) creating a network between the groups of microcredit.
The province of Ruyigi is characterised by a problem on unavailability of financial services, which limits the productive initiatives of the farmers, to the benefit of those who practice usury rates. With this project the families will have more possibility to manage their farm work and start new activities, either complementary to farming or alternative ones.

Moreover other interventions will be forwarded to improve the management of drinkable water and the maintenance of the network (installed in 2009, thanks to the contribution of RAFVG) for the benefit of 1.800 families of the area.

Main activities planned and expected results

– Microcredit awareness meetings following the CECI model (Ruyigi)
– Creation of 10 new saving and credit groups for 200 beneficiaries (Ruyigi)
– Strengthening of the existing 30 groups (Butezi) for 722 beneficiaries
– Cooperation training course
– Establishment of a fund to support cooperatives
– Creation and support of 5 new cooperatives (Butezi)
– Strengthening of the existing 4 cooperatives (Butezi)
– Creation of a network among the 30 existing groups in Butezi to initiate the establishment of a local COOPEC (Cooperative Savings and Credit)
– Seminars for the management of drinking water network and the resolution of any problems, to the benefit of 1,800 families (Ruyigi and Butezi).

Local counterpart
CASOBU
Area of intervention
MICROCREDIT
Total cost
€ 50.000,00 (contribution RAFVG-Autonomous Region of Friuli Venezia Giulia € 29.995,00, local contribution € 4.050,00)
Contributions requests to AMU
€ 15.955,00