Revolving Fund Program
Our Revolving Fund Program is designed to empower women involved in small-scale business and agricultural production for domestic consumption. We understand that social and cultural constraints limit their control and sale of the proceeds, and their ability to secure credit from financial institutions due to a lack of collateral. This is where our program comes in — to provide much-needed financial support and resources to help change the status quo.
Revolving Fund and Savings
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Our Revolving Fund program is designed to help individuals living in extreme poverty transform their lives from surviving to thriving so that they can:
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Start and expand businesses
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Acquire assets and tools
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Expand regenerative agriculture practices
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Send children to school
Thousands of women who participate in GRF set aside funds bi-weekly, accumulating significant savings over time. Using a proven group revolving methodology, members can access loans to invest as they see fit.
Women receive foundational training in business and entrepreneurial skills. Of the women trained, 58% started a new business and 32% expanded on existing business.
74,870
PEOPLE SERVED THROUGH 280 REVOLVING GROUPS
29,700
WOMEN TRAINED IN BUSINESS AND ENTREPRENEURIAL SKILLS WERE DISBURSED WITH REVOLVING MICRO-LOANS
96%
REPAYMENT RATE
58%
OF PARTICIPANTS HAVE ACQUIRED ASSETS LIKE ANIMALS OR EQUIPMENT
Nancy 38yrs mother of 4 Children
“I save money every 2 weeks with my group of 10 members. With the loan I took from the group I started a small business selling prod. After getting the first year's savings I bought an oxen to expand my garden, the second year I bought 2 goats. This year, I am buying a solar panel so that we get lighting and support education for my children.”
Adult Literacy Program
VACNET empowers women with basic adult literacy training to enable women to participate in a modern economy through literacy and numeracy to improve their business and health outcome.
Our Functional Adult Literacy centers help women achieve their learning goals and create a forum for collaborative, community-led problem solving. Through our centers, community members are able to:
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Manage resources more effectively
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Communicate with customers
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Access information to make financial decisions
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Build community marketplaces
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Participate in leadership roles in their communities.
6,230
TOTAL LEARNERS
85%
ASSESSMENT PASS RATE
90%
LITERACY LEARNERS ARE ALSO
PARTICIPANTS IN THE REVOLVING FUND PROGRAM
Nancy 38yrs mother of 4 Children
“I save money every week with my micro-finance group. With the loan I took from the group I started a small business selling dried fish. After getting the first year's savings I bought an oxen, the second year I bought goats. This year, I am buying iron sheets to put a proper roof on my house.”
Grace at 40 years old, learned how to read and write
"Learning to write my name at the Functional Adult Literacy center in Amuru was a life-changing experience. The ability to sign my own name has given me a newfound sense of independence and self-worth. Literacy has also empowered me in my business. As a tomato and vegetable seller, I can now confidently handle my finances and feel more in control of my life."
Peer Counselling Program
Our Peer Counselling program is designed to empower women in their communities. With the mentorship of a trained Peer Counsellor and support from other women in their community, we aim to provide resources and education to help women grow their businesses and gain confidence in their abilities. Our program is focused on peer support, ensuring that women have access to the knowledge and resources they need to succeed.
