News
News
News
News
Information from our partner projects and news from KETAAKETI's work in Germany
Information from our partner projects and news from KETAAKETI's work in Germany
Information from our partner projects and news from KETAAKETI's work in Germany
Liberia
KETAAKETI partner organization defies economic challenges
The KETAAKETI partner organization Sustainable Livelihood Support Program (SLSP) is currently facing economic challenges due to US dollar inflation and fluctuating exchange rates between the Liberian and US currencies. This instability makes it difficult for
beneficiaries to successfully use their microfinance.
To counteract this, SLSP has introduced mini-cooperatives and an insurance bond system in which group members transfer funds to a group leader.
A portion of the profits serves as a guarantee, which is either repaid at the end of the credit cycle or used to cover defaults becomes.
There have also been tragic events in recent months, including fires in the West Point slum
and fatal motorcycle accidents that affected some beneficiaries.
Despite these challenges SLSP's microfinance program continues to grow. Many participants are asking for greater financial support to expand their businesses.
For the future, SLSP plans to invest more in agriculture and fisheries, especially in cassava cultivation, to create sustainable income opportunities.
To this end, the program actively seeks funding opportunities and partnerships. SLSP remains committed to supporting the communities and creating long-term economic stability.
Nepal
Preserving traditions, strengthening village communities through KETAAKETI microfinance
Liberia
KETAAKETI partner organization defies economic challenges
The KETAAKETI partner organization Sustainable Livelihood Support Program (SLSP) is currently facing economic challenges due to US dollar inflation and fluctuating exchange rates between the Liberian and US currencies. This instability makes it difficult for
beneficiaries to successfully utilize their microfinance. To counteract this, SLSP has introduced mini-cooperatives and an insurance bond system, in which group members transfer funds to a group leader. A portion of the profits serves as a guarantee, which is either repaid at the end of the loan cycle or used to cover defaults.
There have also been tragic events in recent months, including fires in the West Point slum and fatal motorcycle accidents that affected some beneficiaries.
Despite these challenges SLSP's microfinance program continues to grow. Many participants are asking for greater financial support to expand their business. In the future, SLSP plans to invest more in agriculture and fisheries, especially in cassava cultivation, to create sustainable income opportunities.
To this end, the program actively seeks
Financing opportunities and partnerships.
SLSP remains committed to supporting the communities and creating long-term economic stability.
Nepal
Preserving traditions, strengthening village communities through KETAAKETI microfinance
Liberia
KETAAKETI partner organization defies economic challenges
The KETAAKETI partner organization Sustainable Livelihood Support Program (SLSP) is currently facing economic challenges due to US dollar inflation and fluctuating exchange rates between the Liberian and US currencies. This instability makes it difficult for
beneficiaries to successfully utilize their microfinance. To counteract this, SLSP has introduced mini-cooperatives and an insurance bond system, in which group members transfer funds to a group leader. A portion of the profits serves as a guarantee, which is either repaid at the end of the loan cycle or used to cover defaults.
There have also been tragic events in recent months, including fires in the West Point slum
and fatal motorcycle accidents that affected some beneficiaries.
Despite these challenges, SLSP's microfinance program continues to grow. Many participants are requesting larger financial support to expand their businesses. Looking ahead, SLSP plans to invest more heavily in agriculture and fisheries, particularly cassava cultivation, to create sustainable income opportunities.
To this end, the program actively seeks
financing opportunities and partnerships.
SLSP remains committed to supporting the
communities and creating long-term economic stability.
Nepal
Preserving traditions, strengthening village communities through KETAAKETI microfinance
The first men's group in Nepal works with KETAAKETI microfinance.
For five years, SPOWC has been supporting a village in the Kavre district with interest-free KETAAKETI microfinance and pass-through. The women grow potatoes, raise goats, set up sewing workshops, and much more. For a year now, they've also had a group of musicians performing at festivals and weddings. They are the very first men's group in Nepal to receive microfinance. The next group of young men is already waiting to get started. They have already purchased their own instruments by passing on the money from the first group and are now being taught how to play by the musicians.
The first men's group in Nepal works with KETAAKETI microfinance.
For five years, SPOWC has been supporting a village in the Kavre district with interest-free KETAAKETI microfinance and pass-through. The women grow potatoes, raise goats, set up sewing workshops, and much more. For a year now, they've also had a group of musicians performing at festivals and weddings. They are the very first men's group in Nepal to receive microfinance. The next group of young men is already waiting to get started. They have already purchased their own instruments by passing on the money from the first group and are now being taught how to play by the musicians.
The first men's group in Nepal works with KETAAKETI microfinance.
For five years, SPOWC has been supporting a village in the Kavre district with interest-free KETAAKETI microfinance and pass-through. The women grow potatoes, raise goats, set up sewing workshops, and much more. For a year now, they've also had a group of musicians performing at festivals and weddings. They are the very first men's group in Nepal to receive microfinance. The next group of young men is already waiting to get started. They have already purchased their own instruments by passing on the money from the first group and are now being taught how to play by the musicians.