Success Stories Massa Davis can take stock of the goods she sells as a result of the SMWF Adult Literacy Program. "Thank God I can write my own name and that of my commodities such as pepper and bitter balls." Now, she says, "I can keep track of the amount that I get from sale and profits."
The Sirleaf Market Women's Fund literacy program has taught more than 500 Liberian market women to read and write in the past year alone. The AlfaDen program, with funding from UNIFEM, is currently working in 11 markets to help more than 20,000 women make a better living so they can contribute to Liberias growth and development.
A total of 603 market women in 11 markets have benefited from SMWF's micro-credit program. By mid-2011, over US$35,000 had been disbursed. In rural markets each woman receives US$50 and pays 10% interest. In urban markets the women get US$100 loans and pay 15% interest. Before the loan is disbursed, the recipients must attend a one-day workshop to help them better understand the terms of the transaction. |
Recent Happenings
Three SMWF/US Board members and a systems specialist traveled to SMWF/Liberia for two weeks in June to discuss future activities and channels of communication. They met the new SMWF/Liberia Board and trained staff members in planning, monitoring and reporting skills.
Previously, just two professional Liberian staff worked in a cramped office in Monrovia while SMWF/US had no office or paid staff for oversight, fund-raising and promotion. High levels of commitment had been required of all concerned — and given.
The staffing and office situations have now been transformed. Five staff in Liberia assist in the process of market construction and expansion of services, and improved office space and transportation facilitate day-to-day work. In the US, recent grants finance a small office and a part-time program manager.
We are now poised for even more intensive work to meet the goal of building, repairing and providing services to 50 markets. So far, 13 market have been built and nine are in the pipeline. We are nearly half-way to our goal. |