Manace Community Group - Sponsorship Goal: £2,429 FULLY FUNDED

The Manace Community Group was formed in Lomé in May 2019 by an entrepreneur who had already benefited from having a Deki loan.  After paying off her first loan, she spoke to other members of her community. Excited by the new opportunity, together they formed the Manace group. 

It can be difficult in Togo for women with no collateral (such as property or land) to access financial services - so the group, made up mostly by women - is looking forward to access the loans and the training provided. The training that IADES, our field partner, provides can cover a number of topics ranging from financial literacy and bookkeeping to personal health and disease prevention, all to provide the entrepreneurs everything they need to succeed. 

Success for our entrepreneurs can mean different things, but they are all hoping that the increased income will help them to ‘realise their dreams’ - improve their family’s quality of life, keeping their children in education, or helping to pay the bills and have some savings too.

The Manace Community Group is made up of entrepreneurs working in a range of different businesses. Many sell food, such as yams or fruit, and a few run street food stalls or restaurants. Others sell household items, clothing or run hair and beauty salons. They will use their loans in a variety of ways, often to invest in fresh stock to keep their businesses attractive to customers for the long-run, creating sustainable livelihoods for the future.

 

Manace Community Group - Sponsorship Goal: £2,429 FULLY FUNDED

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