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Credit Given to Older Women - Peru
A programme implemented by HelpAge International member organisation Pro Vida Peru which offers loans to older women starting their own businesses who are not able to get credit elsewhere.
Communication Strategies
Through personal contact & interpersonal communication, Pro Vida Peru empowers older women by offering them loans to start new ventures. Training is an important part of the programme for the loan providers/recipients, providing the foundation for success.
Development Issues
Ageing, Women, Economic Development, Rights
Key Points
Elder women members of Peru's Third Age Clubs are given the opportunity to start small businesses with loans & training from Pro Vida. The loan programme is run by 3 older women, chosen by club members. Loan providers were given training in managing bank accounts & record keeping to help them run the operation successfully. Businesses started by loan recipients were market stalls & small shops, perfume & shampoo making, to name a few. Women business owners also received training to help them in their ventures. Older women have reported positive changes in their financial situation & in their self-esteem. "Many are now employing other family members to help them in their work & most of the women are using their extra income to improve their family diet". Many women report having their own money to spend for the first time in their lives.
Partners
HelpAge International & Pro Vida Peru
Sources
HelpAge International Website: Practical projects with and for older people in the HelpAge International network.
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