By partnering with KAZI, both groups could have a more widespread reach and help even more women and young people by providing them with interest-free loans. KV-HELP, who already had a strong presence in the region, took on the task of finding potential projects, evaluating the proposals, and overseeing their implementation. KAZI then granted start-up capital in the form of interest-free loans to projects that met our criteria.
This partnership allowed for five projects to receive funding for a total amount of 1,900,000 TSH (800 CHF). These projects allowed people living in rural areas to increase their revenue and thus increase their quality of life. The projects included:
· Bike Rentals – three bikes were purchased to be rented out in a rural village for people to get around easier, cheaper, and in an eco-friendly way
· Restaurants – two eating establishments were opened after using funds to acquire the necessary equipment in order to offer meals to the local population
· A Local Shop – funds were used to open a shop selling local food
· Farming – seeds were purchased to help kick-start a farmer’s agricultural business
These projects align with KAZI’s values of social empowerment and local and environmentally friendly business practices. KAZI wishes continued success to each of the projects co-sponsored with KV-HELP!