African Women Development Cooperative

Facilitating Access to Micro Financial Services for Economic Empowerment and Sustainable Livelihoods

African Women Development Cooperative is one of the gender development projects of the Centre for Policy and Development.A response to the gender economic divide and the gender based challenges of sustainable wealth creation, AWDC aims to facilitate access to financial services, provide capacity building in financial literacy and entrepreneurial skills as well training in building enterprising businesses and sustainable livelihoods for African women.

The cooperative is a savings and loans scheme through which members pool resources together to assist each other. PolDeC is also talking to other development partners and financial institutions to advance seed grants that would constitute a revolving micro credit fund that will buffer members’ contribution and provide sufficient funds for loans to members.

Membership is open to women who are business minded and have the capacity to turn businesses around with a little push.

Monthly contributions are paid to the cooperative account. Only registered members have access to the account name and number where they pay in their monthly contributions.