THE SUCCESS STORY OF SUNFLOWER WOMEN GROUP
Sunflower Women group is a community based women organization group formed with a major aim of uplifting the socio economic standards of its members and the surrounding community through self-sponsored businesses and loaning funding partners.
The group was started on 16th March 2006 and is located in Migori Market, Suna East Migori County. The group comprises of 8 women and 2 men who are of age 21 to 60 and both stay around Migori town. Most of the members operate their businesses around Migori and Nyasare village.
Before WEF funding, the group was practicing merry-go-round and table banking as their main activities. Merry-go-round was done on a weekly basis where the members used to contribute KSH. 200 which were being given to the member visited. They also used to contribute KSH 200 as members shares for table banking on a weekly basis. In a month the group would collect up to (15 members × 4 weeks × KSH 200) = KSH 12,000 × 12 months =KSH 144,000 table banking shares in a year.
The group did not employ anybody for there was no manageable project, the group also faced quite some challenges like inadequate supply of water low quality education access to the group families poor health care and insufficient funds to improve their businesses.
The group received their first loan cycle on 29th October 2015 of amount ksh. 100,000. The group added KSH 50,000 to table banking and the remaining KSH 50, 000 to start agro forestry. Every member was being given KSH 10,000 per month which he or she would return with an interest rate of 10%, in a moth the group would earn (10 members × KSH 1,000 profit gained per person) = KSH 10,000 × 12 months = KSH 120,000 per year.
Having this amount in their account the group started different projects which include
- a)Welding Shop
The group open a welding shop where the group appointed one member to run the shop. To run the shop efficiently the group bought a welding machine worth Ksh. 30, 000, electrode needles used in welding worth 10,000, power oil worth Ksh. 5,000 and the group would also pay power on a monthly basis worth Ksh. 2,000. The total amount used to start the group project totaled to Ksh 50,000 inclusive of miscellaneous and transport charges.
The group received their second circle funding on 21st October 2016 of amount Ksh. 200,000. Every member could now borrow up to Ksh 20,000 and payback with and interest of 10% monthly. So in a month the group could get a profit of (20,000 × 0.1% × 10 members) = Ksh 20,000. With a steady income and much financial growth members started their own project which helped them to raise their living standards.
These individual projects include
- Hardware by
From the group funds managed to start his own hardware he explains that he explains that he has improved much.
- Welding shop by Joseph Ouma
Apart from running the groups hardware shop started his own hardware shop where he too has archived much
- Cybershop by Beatrice
Beatrice explains that the funds she received from the group she started her cybershop. The funds also enabled her to buy printers, photocopiers and computers
- Shop by Elsa Akwaramogi
- Mpesa and cereal shop by Sila Osodo
Since their funding by WEF, sunflower women group has recorded a great improvement in their social economic standards. Members can now get access to good health care, good food and quality education for their children Most of them live in permanent houses.
“We have a great change in our lives since we started receiving loans from WEF. We thank them for a steady women empowerment,” Saline Monica Awno, Treasurer.