Anne_Turgut_World_Concern_ ASCA

Group unlocks diverse income for Anne

8 months ago, Anne Turgut joined an Accumulated Savings and Credit Associations (ASCAs) group that had settled on a weekly contribution of Ksh 200 ($2), but she didn’t have enough to even make a first contribution.

Quick thinking saved her as she quickly offloaded bananas, enroute to the market, to group members therefore raising required monies, plus some extra. Since then she hasn’t looked back.

Through ASCAs, World Concern has provided  practical financial springboard to residents in Narok, Kenya. In the program, capital generated by members remains under their ownership and control, with World Concern providing training and facilitation in business growth.

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“When I joined the ASCA (Hekima Self Help Group), I thought I was too old, but now my mind has become renewed. I have acquired new strength,” she said, “my problem was not that I was not getting money, but that I didn’t know how to manage it.”

The 58 year old said that she learnt how to save money upon joining Hekima, which was something completely foreign to her.

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“I bought 7 chicken with my first loan of Ksh 2400 ($ 28),” she said. Now that the chicken have multiplied by tens, she waits for their eggs to accumulate before selling and storing the money in her mobile phone (MPESA) account. When it is time to pay the group contribution, Anne withdraws from this kitty.

She said being also able to settle her loan from the chicken venture is something she really thanks God for. “I never knew I could plan my money this way,” she said, adding that the knowledge acquired through World Concern has become ‘a key that has unlocked my other sources of income.’

The mother of 8 now manages yields from family dairy cows and banana farm in the same fashion. For her, farming is no longer a hobby. It has become a business.

Anne_Turgut_World_Concern_ASCA_BananaFrom her second loan of Ksh 3,200 ($38), Anne purchased cabbage seeds which were ready to be transplanted from a nursery a day after this interview.

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Edwin Kuria

Edwin Kuria is World Concern Kenya’s communications officer. He also writes for our Kenya blog at http://kenya.worldconcern.org/.

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