Regent Household Empowerment project report

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Southern New Hampshire University
Regent Household Empowerment (RHE) Project aims at assisting Regent residents to establish and operate their own Cooperative Society by the end of the year 2006. The target community is Regent neighbourhood, comprising of Ursino and Regent Estates, which is located in Mikocheni A area, Kinondoni District. Presently, Regent residents have been experiencing a number of problems among the major ones being inability to access credit finance to meet their capital requirements. The goal of the project therefore is to contribute to the empowerment of Regent Residents socially and economically, to enable them attain their own economic development. The Host organization is Ursino Women Association (UWA), a CBO already operating in the neighbourhood. So far UWA, whose members are all women, is operating as a self-help organization, promoting social services and networking among the local women. Eligible members to the envisaged cooperative venture are all residents (women and men). Capacity building programs were conducted and founder members admitted. The SACCOS was registered on 25th July 2006, then having admitted 134 founder members. Resources to sustain the operations of the project and the ultimate Cooperative Society, registered in the name of "Ursino & Regent SACCOS Limited", have to a large extent been generated from within the community in the form of members' physical participation and capital/material contributions. By 31st December 2006, the formal operations of the SACCOs were yet to be commissioned. However, evaluation of the project, as at 31st December 2006, shows that the objectives of the project have to a large extent been attained. (Author abstract)