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Micro Credit Programme Addresses Rural Women's Transport Burden 2008-04-08 The Bicycle Micro Credit Project is organised by Cycling out of Poverty, NCDO and I-CE. The project will carry out programmes in Uganda, Kenya, Burkina Faso and Ghana.
The objective of the project is to reduce poverty by improving access to bicycles for poor African women in rural areas. By using a bicycle, transportation consumes less time and energy than transport by foot. The time and energy saved can be allocated to other things such as: - generating more income by transporting more products - diversify their income by taking up other income generating activities (this way they are no longer depending on one source of income and are less vulnerable to shocks) - improve access to facilities such as health and educational facilities
The micro credit project will target women who do not have the financial means to buy a bicycle from a shop and pay for it at once. Women who have a vision on how a bicycle can help them to move out of poverty can buy a bicycle and pay it back in instalments.
More information please contact: I-CE Email: marieke.dewild[at]cycling.nl Cycling out of Poverty Email: info[at]cyclingoutofpoverty.com
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