Impact of Van Mujeres
As of September 2006, the Van Mujeres program has supported 9,000
women to launch or expand their small business activities. This
recently launched program has extended loans in excess of $3.5
million for self-employment purposes to some of the poorest people
in Mexico—rural indigenous women of Tabasco. With a co-payment of
US$100, participating women have received micro credits up to US$600
to start-up or grow their business activities. While it remains too
early to measure the impact on the regional economy, the creation of
new income earning opportunities for the women of these communities
translates into an additional income of US$2-10 a day (the minimum
wage in Mexico is US$4.20). Because rural unemployment and
underemployment of the men in the state ranges from 40-60%, this
means that with these new self-made jobs, the women are becoming
significant income providers for their families. Van Mujeres is
helping thousands of women to move from one or two meals a day to
three, from one or two sets of clothing to three or four, and to be
able to send their children to school, buy medicine, and have a
little extra to deal with emergences.
One-third of the business activities that women are engaging in are
agricultural—raising and selling chicken, pigs, vegetables, even
aquaculture. More than 60% of the women are selling goods locally
such as clothing, shoes, jewelry or setting up small stores, or
making and selling food. Five percent of the women are engaging in
industrial activities including clothing manufacturing and food
processing, such as meat butchering.
In addition to supporting women to create new economic opportunities
for themselves, Van Mujeres is positively impacting the lives of the
women and their families, and yielding social benefits in their
communities. Initial surveys reveal that the self-esteem of the
women and hope for the future of their families are significantly
higher (67% of the women report higher self-esteem). Women are
reporting new promise for a modest, but measurable improvements for
these women and their families: better food, shelter, clothing, some
basic health care, opportunities for education, and more control,
less anxiety, and the ability to plan, within a limited range, for
the future. Also, for the first time in their lives, the Van Mujeres
women are enjoying the benefits of life insurance programs provided
by the financial institutions (average life insurance benefits are
US$13,400). These positive impacts are beginning to extend into the
communities of these marginalized regions, because the local
activities are substituting for “imported” goods and services,
therefore capturing more income locally. As women see the results of
women in the program, new savings groups are forming and women not
involved in Phase 1 are eagerly awaiting an opportunity to
participate in Phase 2.
Van Mujeres is showing strong early signs of success in terms of
women repaying their loans. For a brand new program, still working
to solve the inevitable administrative bugs and glitches, the
repayment rate of loans is 98.6%, with only 1.4% of women falling
more than 3 months behind in their repayments. The field agents are
monitoring very closely those women who are missing payments and
helping them to solve their payment problems. In addition, women
leaders in the community saving circles are stepping up to provide
local social support and pressure to encourage repayment. As all
women understand the risk that non-payment poses for the future of
the entire program, solutions for repayment are typically
discovered.
Finally, one of the most significant accomplishment of Van Mujeres
is the establishment of a strong foundation of 350 committed
leaders, field agents, financial stakeholders, and technical support
teams. The training and on-the-job learning of the technical agents,
technicians, bankers, technicians, social capital workshop leaders,
and others that form the Van Mujeres Team has been significant
during this first year, and represents a substantial asset that can
be leveraged in subsequent phases of the program.