With limited access to the formal banking sector, many people in Malawi rely on keeping their wealth in animals, which can be used for income, savings, and insurance for the owners and their families. One such animal asset that makes a popular and straightforward investment is the humble and hardy goat.
They are robust animals that can be easily bred and provide a secure income. For the past year, Determined to Develop has been encouraging this practice to develop further into robust and sustainable community initiatives for economic stability and social empowerment.
D2D currently supports two Revolving Goat projects, with the aim of enabling a modest livelihood for vulnerable women. The scheme hopes to further empower the participants by providing full ownership of the project and participation as a member of a strong community cooperative. Local women who have been identified as vulnerable are invited into the project, in which they are given two goats. These are then bred and the offspring repaid to the project, before being lent on to other women so that they too can benefit. The project has enjoyed much success already with a pilot program in Sangilo village, in which the women were able to expand from twenty to sixty members in the first six months. This month D2D was delighted to turn its attention to Mponela and introduce the initiative to this community too.
Thirty eight goats from Chitipa were distributed to phase one beneficiaries of the project at Principle GVH Mponela on the 16th of September 2015. Nineteen women came to receive the animals and move this project onto its exciting next phase. Each beneficiary received two female goats, with a further two male goats to be passed on by the group’s Chairperson to each member for mating.
In attendance was D2D director Matt Maroon, who gave a brief speech to the women advising them to take good care of the goats and to maintain the hardworking spirit which they have already shown. It is now up to them to emulate the women of Sangilo and make the project a success. We wish them the best of luck!
Tawonga chomene (We thank you)