Mujeres Ahorradoras en Acción (Women Savers in Action)

This is an integral intervention that seeks to promote processes of socio-entrepreneurial strengthening for vulnerable women, creating a culture of saving and empowerment through gender awareness; financial education; building entrepreneurial skills; promoting formal microfinance services, and applying a savings incentive to generate resources for strengthening their own productive enterprises. In addition to the training process (116 hours), women participants are encouraged to save in a bank account, reaching targets in amounts, thus, the final output would be saving women with higher capacities. In this respect, during six months women participants should save COP$ 300,000 and will have to attend meetings, so the government supports them with about half the saved amount. For this, the requirement is to have a productive activity or business, or a business idea.