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Empowering Elderly Women Through Table Banking

Gesabakwa Community Based Organization (CBO) continues its commitment to empowering the elderly members of our community through vital financial literacy initiatives. Today, our dedicated team held an engaging session focused on introducing the concept of table banking to a group of eager older women.

Table banking is a community-led savings and loan system where members contribute regularly to a common fund. These funds are then used to provide small loans to members, fostering financial independence and enabling them to invest in small businesses or meet personal needs.

This initiative aims to equip our elderly beneficiaries with the knowledge and tools to improve their economic well-being and strengthen their social connections through collaborative financial practices. The session involved interactive discussions and clear explanations to ensure everyone understood the principles and benefits of table banking.

Gesabakwa CBO believes that empowering older adults with financial literacy is crucial for their dignity and long-term security. We are proud to facilitate such impactful programs and witness the positive changes they bring to the lives of the elderly in our community. Stay updated on our website for more news and stories of impact!