What We Do
Savings groups
Due to the lack of formal banking structures in our project locations, World Concern staff facilitate the creation and development of Village Savings Groups. These groups are designed to enable members to save and borrow amongst themselves for business or family needs, which are repaid with interest and added to the group’s account balance. World Concern project staff provide training in money management and small business entrepreneurship so that members are empowered to become entrepreneurs and leaders in their family’s financial development.
Microcredit
The financial capital from which a line of microcredit brings to a community member allows them to start or grow a small business. Loans, combined with business training, provide an entry point into the business market that will help in providing a source of income for their families. Our teams plan, implement, monitor, and evaluate our microcredit programs to ensure that thousands of families have access to economic development opportunities and increase their finance and business skills. These loans support thousands of participants, mostly women, to achieve their entrepreneurial goals.
Vocational training
Through trainings implemented by World Concern staff, men and women learn professional skills so they can earn a living wage. The training comes in many forms and varies depending upon the interest of the project participant, the availability of that skill set within their local market, and the opportunities they have to build that skill set as they enter the workforce. These skill sets equip men and women to open their own businesses, earn income to support their families, and feel motivated by the work that they are doing as they contribute to the development of their community.
