Beneficiaries of Micro-credit and Savings Program in Keren witnessing improvement of livelihood

Reports indicated that the beneficiaries of Micro-credit and Savings Program in Keren city are witnessing improvement of livelihood.

Keren, 7 March 2013 – Reports indicated that the beneficiaries of Micro-credit and Savings Program in Keren city are witnessing improvement of livelihood. The beneficiaries indicated that they could demonstrate such accomplishment on the basis of utilizing credits in researched domains pursuing professional counseling.

Among the creditors, Mr. Misgina Teklai and Ms. Kibra Teklai indicated that they are in a position to acquire substantial experience in their respective careers thanks to the availability of such credit for many years.

Mr. Zer’idawit Asrat, head of the branch of Micro-credit and Savings Program in Keren city, explained that it has been working on the basis of 41 Multi-Functional Village Banks in the sub-zones of Geleb, Hamelmalo, Asmat, Habero and Halhal. He further disclosed that it has 3,320 customers who are engaged in various small-scale businesses and agricultural ventures, 40% of whom comprise females.

Moreover, Mr. Zer’idawit called on government bodies and Area Administrations to step up collaboration towards enhancing the Program’s impact.