ASUDEC converts the poor into donors!
In order to better succeed in strengthening the resilience of vulnerable groups, ASUDEC established a microfinance institution called "Mutuelle d'Epargne et de Crédit de l’ONG ASUDEC (MECRA)”. Since the operationalization of MECRA in 2009, the two institutions have been working in synergy, both in office and in the field, mutualizing their strengths for the benefit of the target groups which ASUDEC committed to promote. However, the levers of development remain specific to each organization.
Often, ASUDEC is first to intervene to educate, train and provide material subsidies (animals, construction equipment, etc.) to households to help them meet their primary health, food and social needs. MECRA comes after ASUDEC to provide financial and non-financial services tailored to deserving households in order to strengthen their entrepreneurial capabilities. If women have easy access to MECRA credits, their husbands must meet the ASDUEC principles passing on the partial or total cost of the subsidies to benefit new solicitors before accessing to MECRA. The figure herein illustrates the approach very well. This synergy provides probing results, allowing many women and young people to transition from subsistence and extreme vulnerability to entrepreneurship and resilience while also becoming donors.
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