Self Help Groups - SHG's
In 2008, the projects started to form SHGs with the poorest of the poor communities in the slum areas. As of April 2015, the number of SHG's in Mbale is 40 comprising of about 20 women. The purpose of this is to bring poor people together to unleash the potential to develop socially, economically and politically. The women meet on a weekly basis and save the little money they have.
Members decide the rules and regulations for their group amongst themselves with guidance from the professionals from CRO. The money saved every week is gathered it in a pot which is given to one or two people in the group, depending on the amount of money in the pot. The money is put into the small businesses of the receivers and paid back with approximately 10% interest rate within four weeks. In this way, the groups are sustainable and self-sufficient and the members are taught valuable business and accounting skills.
In addition to making the weekly savings, the members discuss important issues in their lives, such as the education of their children, children's rights, nutrition, personal hygiene, HIV/AIDS prevention/care and income generating activities. The women are benefiting a lot from the Self Help Groups. The mothers gain self-esteem and confidence and their financial discipline is being built through the SHGs.