• P O Box 8820 Moshi Tanzania
  • +255 754698423
  • info@weeceproject.org
Kyomu VICOBA In ,,

VICOBA

The heart of WEECE is in its microloan program (VICOBA) which enables women to become economically self-sufficient through small business loans. A sustainable small business can provide for a family’s basic needs, pay children’s school fees, and even allow women to create saving accounts of their own.

From September to December of 2014, the VICOBA groups broke the circles of their financial shares, enabling them to receive a total of 600 000 Tshs. The money they had set aside for the year made great interests. The VICOBA groups were very successful. These investments and interests can now be used to start new entrepreneurial projects; permitting the women to be financially independent. These high achievements greatly encouraged other women to join the groups, amounting the total of participants to 630. The meeting for the division of the shares as well as the ceremony can be seen on the pictures.