Micro-Credit Sustainability and Poverty-reduction Project.

PARTICIPATION AND EXPECTED RESULTS:

Some Financial and Micro finance Institutions in Nigeria were invited to
participate in the program by sponsoring the project and
actively involved in the enlightenment exercise.

At the major seminar which was the Phase 1, Major Participating
Organizations mounted exhibitions of their products and produced
speakers that addressed the audience on the available financial
products of their organizations and how such facilities could be easily
accessed.

Few other major companies invited attended and supported the initiative
by showcasing their products to loan beneficiaries wishing to invest into
their products for business purposes. The Phase I of the project was
held on Tuesday, December 11, 2007 at the Multipurpose Hall of EKO FM,
LTV 8 Premises, Ikeja, Lagos. See A Brief Report of The Program Here.

Phase II
This involved carrying the same message to the communities, market
places, high density areas, local governments, higher Institutions and
many other places. It was a replica of what happend at the Major seminar
except that the second phase was localized. Each Sponsoring
Organization also produced a Speaker and mounted an exhibition of the
compan's products.

The phase was moved from place to place till 25th March, 2008. Where
the public campaign held in a market place, sponsoring organizations
were requested to retain a stand and a staff at the venue for about 7
days after the ceremony to enable the traders ask questions, get more
familiar with the banking procedures and possibly open an account
instantly in order to make WODIA's effort  fruitful.

WODIA contacted the market leaders and the beneficiaries after the
program for project evaluation.


RESULTS:
At least more than 4 million people heard about the program in Lagos
State. This could be either from the media, their different communities or
through words of mouth. If 1(one) percent of this figure responded
positively, then additional 40,000 people would patronize the services of
the micro-credit delivery institutions. This will translate into more profits
for the organizations, they will open more branches, employ more
workers, buy more vehicles for their operations thereby creating wealth
for other sectors. In no time, extreme poverty will be conquered and life
made easier for the Nigerian grassroots.



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              Email:  support@thewodia.org
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WOMEN DEVELOPMENT INTERNATIONAL ASSOCIATION (WODIA)
-Expanding opportunities, enriching lives...    

PROVIDING  INFORMATION IS RELEVANT
TO DEVELOPMENT
See Our  Poverty
reduction project here.

Theme" Delivering The
Grassroots From
Financial Powerlessness"

Aims and Objectives

Our Mission and Vision

Alliance Formation

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