Economic Empowerment

Economic Empowerment Programmes amongst Women and Young People Guiding principles and approaches:  

    • Women and youth are selected from all backgrounds.
    • The groups are made up of 15-20 members from similar backgrounds.
    • Three tiers in this programme.
      • Tier I: the poorest of the poor with low or no education.
      • Tier II: those with certain level of education, income and entrepreneurial skills.
      • Tier III: unemployed college and university graduates.
    • The groups are helped to achieve cultural and moral transformation.
    • The groups pool resources to build financial capacity
      • each group will create a saving scheme
      • the capital built will be matched by SOPHOS AFRICA.
      • group members will receive loans to start small businesses
      • groups build partnerships with financial institutions and business enterprises