Economic Development Initiatives
- Villagers have increased amount of available income through use of economic tools
- Villages have viable economic development plans
Health, Education and Economic Development opportunities are all very inter-related. The Alliance’s Economic Development programs adjust to meet the unique needs of village citizens.
To address the longstanding economic hardships in Mali, the Alliance’s economic development initiatives began in 1995 when small individual loans were offered to villagers in the town of Ouelessebougou. After the Alliance had provided these loans for several years, (aiding tailors, veterinarians, restaurateurs, etc.) the Alliance determined there was a greater need in the more rural village communities.
In 2004, the Alliance re-structured its loan program and began offering revolving loans to village committees in larger amounts—allowing for an increased profit margin.
However, as of 2014 the Alliance has moved away from micro-lending completely and is focusing on business training for our small farmers – particularly the Ouelessebougou Women’s Training Garden.