IDPS re-payment response to CAWI economic revolving fund

IDPS re-payment response to CAWI economic revolving fund

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The Internally Displaced Persons who are all women are responding positively to the repayment of the economic revolving fund; a toll free CAWI loan granted to them last year. The funding from Net Positive Impact and the Cross  River Gorilla Project UK was used to start the economic revolving fund through which small revolving loans with no interest are given to women and groups and the money is recovered at no interest. Based on this, the following groups and individuals have responded accordingly:  For the soap beneficiaries in Dschang, One group has completed repayment of loan and this is the group of Tayor Pauline , Nkembeng Rose and Ataponchi Clorine. CAWI appreciates their credibility and prompt payment.

The group of Njungwa Catherine, Lekeaka Scholastica and Nkengafac Yvonne as well as the group of Mary Lekelefac ,Acha Pauline and Ndemaze Dorothy and that of Nkafu Ursula have  done a partial payment  promising to complete the rest as soon as possible. Agendia Helen is yet to start.

Beneficiaries of the revolving fund in Buea have also reacted positively by starting payments. Notably Tchagan Marie Claire, Besingi Juliet Nyama. Two IDPs Imbolo Emilia Ndive and Nobonda Magaret Dokili are  yet to start.   The IDPs while acknowledging the usefulness of the loan in the materials benefited for soap production  and other economic businesses have said their inability to complete payment is due to the Coronavirus that has led to a slowdown in economic activities. They also said the thirteen measures by government to stop the spread of COVID-19 makes them most often quarantine at home.

The Director of CAWI unable to get to them in the field due to the same Coronavirus restrictions established communication links with them on phone. She cautioned them to respect the government measures to stay safe especially the wearing of face mask.

The money received so far has been deposited at the finance department of ERuDeF pending its offer to another set of women in the weeks ahead hoping the pandemic would have been over and economic life would be revamped.

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