On March 13, 2024, TASHED in collaboration with Community Development Officers (CDO) in Mapinga ward – Bagamoyo district in Tanzania organized and conducted an entrepreneurship training with Community Microfinance Groups (CMG) of women in Mapinga ward. The training was facilitated by Hellen M (CDO), Diva M (CDO) and, Grace Z – Senior Operations Manager at TASHED with 25 CMG group participants from Upendo, Faith, Vision, Mshikamano and Wamgiki groups. Several challenges faced by these CMGs women groups came to light. These challenges included difficulties in loan repayment, lack of diversification in business plans, and limited access to market opportunities. The training aimed to tackle these issues head-on by providing valuable insights and tools to empower the participants to overcome these obstacles and achieve financial stability.
Emphasizing the importance of risk management, Hellen advised the groups to explore insurance options for their assets, offering protection against unforeseen circumstances like theft or accidents. Additionally, Grace, TASHED’s Senior Operations Manager, emphasized the significance of prudent financial allocation. – Read More