00:22the map is no longer just pins it is a money map how does a woman with no
00:29collateral get an e-bike worth 3 million shillings the answer is not in the bank it's in the group
00:35lena in u.s we call it microfinance but your women's groups have done it for 50 years
00:42chama savings circle namada exactly our model loan e-bike income repayment savings
00:50no bank we are the bank elvis 23 bikes in one village to scale to 10 villages we need 230
01:01bikes
01:01cost 690 million we don't have it but if 10 villages saved together village mother my group
01:11has saved 2 million in that metal box for three years we can start with that the real bank not
01:19concrete a circle of 12 women a metal cash box with three padlocks a ledger mobile phones namada
01:30how much did we save this month women chorus 400 000 elvis and who wants the next e-bike loan
01:39woman one i do i will pay 30 000 every week for my tomato sales through mobile money lena and
01:48if you
01:49fail to pay woman two then we all pay because if one fails all fail so we will make sure
01:57she does not
01:58fail we will help her sell village mother that is our insurance not papers each other scaling is not
02:09sending bikes it's sending teachers 15 youth from seven villages they will not just ride they will fix teach
02:19collect namada you are not writers you are trainers each of you will go home with one e-bike and
02:27one lesson
02:28how to teach 10 women elvis this wire if it cuts in mud you do this twist tape test
02:38no need to call campala trainer from gulu and if battery dies in far garden lena you swap you carry
02:47spare like you carry water and you teach them to charge with sun not just grid village mother my
02:54children you are now like midwives but for bikes dusty square thatched huts pickup arrives three matte
03:05black cargo e-bikes still with factory shine the new village has never seen a quiet bike that carries
03:11like an ox elvis this is not a gift it is a loan from your sisters in the first village
03:19they saved now you ride new leader how will we pay if we have never had this namada same as
03:28them
03:29thirty thousand per week from market we will stay two weeks to teach lena and the original village
03:37mother is here to mentor you village to village not ngo to village original village mother my daughter i was
03:46afraid too now i am not afraid of any hill the repayment moment no bank queue no paper a phone
03:58green check mark the sound of freedom tama done i sent thirty thousand namada show us tama c sent to
04:11cooperative balance balance one million two hundred thousand paid of three million lena in us we track
04:18credit scores here we track trust you have never missed a week elvis and where did the 30k come from
04:28tama yesterday tomatoes 50k profit i kept 20k for children 30k for bike bike paid for itself
04:40village mother phone used to steal time now it sends money home not every week is green one borrower child
04:50sick market failed ledger shows red overdue the circle is quiet trust is tested borrower i could not pay this
05:01week
05:02my baby was in clinic my baby was in clinic i used the money silence namada thank you for telling
05:10truth
05:11that is first elvis what does our rule say woman 2 rule says if one fails we all cover but
05:20we are also tired lena
05:23in microfinance in microfinance this is called default risk in humanity this is called life village mother
05:31my child we will cover you this week next week you cover another that is not punishment
05:39that is family the solution is drawn not written a circle of people holding hands group lending if one
05:49falls the circle holds namada old microfinance one person borrows one person fears new model group
05:58borrows group guarantees five women one e-bike each but one guarantee bank calls it collateral we call it
06:08sisterhood women's group we agree lena and we write it not to punish but to remember every payment is a
06:17brick for the next village's bike village mother my grandmother said a single stick breaks a bundle
06:25does not please support our awareness projects by donating call slash whatsapp plus two five six seven
06:32eight one six three six six seven three for details on how to fund slash bond eight slash support our
06:38digital communities watch more of this only on or official channels follow the hashtag creations
06:44hills lakeside savannah three terrains same black e-bike same solar canopy the model travels because it is not
06:58about the bike it's about the system namada in hills e-bike climbs where pickup cannot in lakeside e-bike
07:07carries fish before it spoils in savannah e-bike brings medicine 20 kilometers elvis each terrain
07:15taught us something hills top battery needs power lakeside taught rust needs cover savannah
07:23taught dust needs filter lena and each village taught us microfinance must adapt hill women pay weekly
07:31lake women pay daily after catch savannah women pay after market day village mother same bike different dance
07:41the ledger green numbers not red 70 repayment rate after three months two million profit already saved
07:52for next 10 bikes the system breathes by itself namada look 23 bikes 69 million loaned 48 million
08:01repaid already 2 million extra as group savings elvis that extra 2 million we don't take
08:09we reinvest it becomes one more e-bike next month then that e-bike makes more money circle grows lena
08:20this is
08:20sustainability not donor money your own son your own savings your own bikes village mother i told my
08:30husband we used to save for funerals now we save for futures sunset e-bikes in a circle like cattle
08:39at home
08:40banner 100 villages vision hand painted not printed the four leads high five not because it's done
08:48because it started 89 bikes moving namada and 12 women technicians 12 who can fix that is scaling i love
09:00lena microfinance model working 70 on time 20 late but covered by group only 10 need help
09:09that's better than any bank in kampala that's better than any bank in kampala village mother my children when
09:15we started with candles we had darkness then we made light with solar then we made movement with bikes
09:23now we make money with trust what next all together 100 villages namada and after 100 elvis then africa
09:35their e-b Juno
09:56so
09:57so
09:57all
