The Young Women in Governance Network (YWIGN) has launched a financial empowerment campaign targeting rural women in Bonthe District, Sierra Leone. As part of the SAFE GIRL Project, YWIGN's Secretariat conducted monitoring visits to Village Savings and Loan Association (VSLA) groups in Gambia Community and Matter Jung Community. The team assessed the groups' progress, strengthened their financial management systems, and ensured transparency and accountability in their savings activities.

During the visits, the YWIGN Secretariat monitored the groups' savings boxes, reviewed their management practices, and interacted with members to understand their experiences, achievements, and challenges. The team encouraged members to remain committed to their collective savings initiatives, emphasizing the importance of financial discipline, transparency, and mutual accountability in sustaining successful savings groups.

The YWIGN team stressed that investing in women's economic empowerment is crucial for building stronger households, improving livelihoods, and creating more resilient communities. Through regular contributions and shared responsibility, members can develop a stronger savings culture, improve their financial management skills, and create opportunities to invest in activities that enhance their livelihoods and household welfare.

The monitoring exercise revealed the determination of women in rural communities to improve their economic circumstances through collective action and financial cooperation. The visits highlighted the potential for women to develop a stronger savings culture and improve their financial management skills through regular contributions and shared responsibility.

The YWIGN Secretariat's engagement with the NGOYILA Women's Group and Gbonumo Women's Group demonstrated the organization's commitment to promoting women's economic empowerment in rural Sierra Leone. By providing financial management training and support, YWIGN aims to empower women to take control of their financial lives and make informed decisions about their economic futures.

The SAFE GIRL Project, which supports the YWIGN's financial empowerment campaign, focuses on promoting women's economic empowerment and financial resilience in rural communities. The project's objectives align with the Sierra Leonean government's efforts to improve the economic well-being of its citizens, particularly women and girls.

The YWIGN's financial empowerment campaign in Bonthe District is a significant step towards promoting women's economic empowerment and financial inclusion in rural Sierra Leone. By providing financial management training and support to rural women, YWIGN is helping to build stronger, more resilient communities and promote sustainable economic growth.

Key points

  • YWIGN promotes women's economic empowerment through financial management training and monitoring visits to VSLA groups in Bonthe District.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.