The
Alicia International aims to
help women of third world countries,
to be given the tools they need
to lift themselves out of poverty,
by providing this opportunity
through "microfinance".
With the aid of microfinance,
these women will be able to
increase their income by building
viable businesses, and reduce
their vulnerability to external
shocks. It will also be a powerful
instrument for self-empowerment
by enabling these women, to
become economic agents of change.
Poverty
is multi-dimensional. By providing
access to financial services,
microfinance plays an important
role in the fight against the
many aspects of poverty. For
instance, income generation
from a business helps not only
the business activity expand
but also contributes to household
income and its attendant benefits
on food security, children's
education, etc. Moreover, for
women, who, in many contexts,
are secluded from public space,
transacting with formal institutions
can also build confidence and
empowerment.
We are currently in discussions
with organisations in relation
to microfinance.
