Browsing: Bloomberg Philanthropies in East Africa

• Bloomberg Philanthropies has partnered with CARE to assist women who own small agriculture-based businesses to build capital and access credit to invest in and grow their businesses
• Through the initiative, the partners will expand existing Village Savings and Loans Associations (VSLAs) for agricultural funds in Tanzania, Rwanda, and the Democratic Republic of the Congo
• VSLAs are member-driven community funds that encourage financial inclusion and independence by pooling resources and providing low-interest rate loans

Bloomberg Philanthropies has partnered with CARE to expand existing Village Savings and Loans Associations (VSLAs) for agricultural funds in Tanzania, Rwanda, and the Democratic Republic of the Congo. 

The deal will enable women who own small agriculture-based businesses to build capital and access credit to invest in and grow their businesses, ensuring long-term economic sustainability for themselves and their families.

VSLAs are member-driven community funds that encourage financial inclusion and independence by pooling resources and providing low-interest …