Tue, Jul

Members of VSLAs received Seed Capital


Members of seven Village Savings and Loan Associations (VSLA) received Seed Capital through the Afghanistan Rural Enterprise Development Program of the Ministry of Rural Rehabilitation and Development (MRRD/AREDP) in Balkh, Dihdadi and Nahri Shahi districts of northern Balkh province.

villige-savingThe total value of the seed capital amounted to more than a million Afs and was given to the members of VSLAs from above mentioned districts. This assistance will provide and enhance opportunities for sustainable employment in rural communities and tens of rural residents will benefit directly from it.

AREDP since last five years has provided 86.5 million Afs as Seed Capital to 195 VSLAs in Balkh, Herat, Bamyan, Parwan and, Nangarhar provinces. As a result 63 thousand of residents have started viable businesses in rural Afghanistan.