FACILITATION OF VILLAGE COMMUNITY BANK (VICOBA) FORMATION AMONG YOUTHS AS A MEANS OF SOURCES OF CAPITAL FOR YOUTH PROJECTS

In ensuring youths participate fully in national economic development, MVIWATA has initiated more than twenty youth groups with thirty members each in Morogoro rural District.  One of the goal of forming these groups is to capacitate youths in forming and managing their Village Community Banks (VICOBA) so that they can obtain capital to finance their projects particularly in agriculture sector.

MVIWATA organized a VICOBA training of trainers to thirty-two (32) youths (17 males and 15 female) representing 12 youth groups from Duthumi, Kisaki, Kinole, Mikese, Gwata and Mngazi wards all found in Morogoro rural district.

The trainings were held in a participatory method of which it involved field visits, discussions and presentations from groups. Youths have been capacitated with skills on sensitization among youths to form groups, financial records keeping, filling of fourteen (14) important ledgers of VICOBA and leadership skills in VICOBA.

After the training, youths will be required to go and influence youth groups formation, VICOBA in the such groups within the period of three months and thereafter monitoing and evaluation will be effected to see the impacts.

Share This:

48 views

Mviwata on Facebook

Subscribe to our monthly newsletter