Sunday, March 6, 2011

Anti-poverty Initiative, Dakar, Senegal, West Africa

Anti-Poverty Initiative (API) is a non-profit organization formed in March 2004. API is committed to working with poor, marginalized women to economically transform their lives through micro-credit/enterprise and savings programming. We provide a practical way to generate income and thus reduce poverty through micro-enterprise training and micro-lending to women in urban and rural communities in Senegal, West Africa.

A savings scheme, a vital component of the program, will lead the program participants to financial self-reliance in the long run. An Administrative Board comprised of experienced men and women and a small and competent staff responsible for the day-to-day management of the organization, ensure that the overall goals and objectives of API are realized.

Regular monitoring, evaluation and objective reporting are assigned top priority, as they ensure the objectives of API are realized and that donor confidence is kept.API's mission is to effectively promote poverty reduction and financial self-reliance in the communities in which it operates.

While the zeal to engage in productive activities for survival is abundant, capital is not. The goal of Anti-Poverty Initiative (API) is to help reduce poverty in both urban and rural communities in Senegal through financial and technical interventions. The purpose is to bring about economic transformation in the lives of the underprivileged.

Given adequate resources, API plans to eventually expand its poverty reduction operation to communities in neighboring African countries.

This program is in line with the United Nation's Millennium Development Goal number 3 that aims at eradicating poverty amongst women in vulnerable situations. Income generation is key to attaining this goal.