Promoting Inclusive Markets and Financial Systems
The MasterCard Foundation works with visionary organizations to provide greater access to education, skills training and financial services for people living in poverty, primarily in Africa. As one of the largest private foundations its work is guided by its mission to advance learning and promote financial inclusion to create an inclusive and equitable world. Based in Toronto, Canada, its independence was established by Mastercard when the Foundation was created in 2006. For more information and to sign up for the Foundation’s newsletter, please visit www.mastercardfdn.org. Follow the Foundation at @MastercardFdn on Twitter.
This overview of the Commerçantes Solidaires pour la Paix/Région des Grands Lacs (COSOPAX/RGL) project shares testimonies from women working together to promote conflict transformation and economic strengthening in the Great Lakes Region. In 2013, CRS began working in partnership with the border dioceses of Uvira and Bukavu (Democratic Republic of the Congo), Cyangugu (Rwanda), and Bujumbura (Burundi) to launch the new pilot project, which brings 60 women cross-border traders (15 from each diocese) together to build social, cultural and economic relationships. Through the formation and training of autonomous Savings and Internal Lending Communities (SILC) within each diocese, and through regular entrepreneurship training, COSOPAX women have also gained skills to improve their businesses and the capacity to fund their immediate and longer-term needs.