TrickleUp

Alleviating poverty one business at a time.

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  • Welcome to the Trickle Up Blog
  • Trickle Up in Mali - Exciting Results

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Welcome to the Trickle Up Blog

Trickle Up is happy to launch our new Blog!! Please have a look at our regional blogs on the right side of the page and see what our Program Officers have been experiencing in the field. Recent posts include a visit to India and lunch with a Trickle Up entrepreneur, a visit to Staten Island to meet Liberian successful business women, and a trip to Ethiopia by yours truly. I hope that you will enjoy the entries in this blog and take the time to comment and pass the link on to your friends and colleagues.  Thank you, and happy blogging!  And many, many thanks to our designers Lori Schomp and Kyle Schomp!

Allyson Wainer, Trickle Up Communications Officer

October 05, 2005 | Permalink | Comments (0)

Trickle Up in Mali - Exciting Results

Pa120015_1The Trickle Up Program first started working in Mali in 1986. From that time through FY2004, we have worked to build microenterprises among the poorest and most vulnerable populations. Trickle Up has been and continues to be one of the few development agencies providing economic and social support to the northern populations, who have limited access to other microfinance programs. In 2003 Trickle Up established a field office in Timbuktu. Trickle Up in Mali has achieved incredible results last year including: 5,150 microenterprises started since January 2004, the creation of 206 business development savings funds with 25 people in each group, training & support of 13 local partner agencies and diversification and promotion of craft products for six groups of Trickle Up entrepreneurs. Benefits to Entrepreneurs include: average monthly profits $220, 100% of entrepreneurs report that their families’ access to health has improved (before the program started, entrepreneurs spent $3.50 per year for their health care but after they  spent an average of $39),  parents now spend 4.5 times more money for their children’s education, women are now able to go to market, sell products, attend savings groups, and control family expenditures.  Goals for the Trickle Up Mali program are ambitious -- check in for updates on our Mali program soon!!

For questions on our Mali program please email africa@trickleup.org.

September 29, 2005 in Africa | Permalink | Comments (4)

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