WE-RISE! Project: first steps in Red Sea State
WE-RISE! project first steps in Red Sea State
January 2023 – Red Sea State, Sudan
Microfinanza has been working in Sudan with AICS Khartoum and UN Women since early 2022, providing Technical Assistance to the WE-RISE Project.
Funded by the European Union, the project aims to contribute to the creation of a conducive environment for the economic empowerment of women and other socially excluded groups living in the most vulnerable situations in Khartoum, Kassala, Gedaref and the Red Sea States.
Under this framework, Microfinanza’s team designs and monitors the implementation of the most effective financial schemes and training services for partners and beneficiaries.
In collaboration with the local implementing partner PASED (Port Sudan Association for Small Enterprise Development), in Red Sea State Microfinanza is supporting women associations through the provision of tailored training, financial inclusion modules and conditional seed capital for revolving funds scheme.
Through this 13 months intervention, which kicked off on the 21st of December 2022, Microfinanza’s field team expects to reach 3,000 target beneficiaries, upgrading their microbusinesses and improving their managerial skills.