Micro-credit 2008 - 2010
The micro-credit program initially allied with Soy Nica, based in Managua. Soy Nica provided training in business administration, and also provided an advisor to help organize a women’s cooperative, Bakahno Pawanka (Multipurpose United Cooperative for Progress), based in Bilwi (the Miskitu name for Puerto Cabezas). The cooperative had 76 members. After Bakahno Pawanka charge/learned how to organize a micro-credit system, AHN by PMFN facilitated a grant of funds to help 39 members receive loans of $100 to $200 from the cooperative. In addition to the loan program, the members of the cooperative benefited from training and education in a broad range of topics such as business administration, civil and human rights, health and domestic violence. The granting period was fir two years and many women reported that they managed to improve their economic situations with the help provided by this project.