Morabi, the Association for the Support of Women's Self-Promotion in Development
Channel: ADA - Appui au Développement Autonome
Date: 2020-05-04

Created in March 1992, Morabi, the Association for the Support of Women's Self-Promotion in Development, works mainly to empower Cape Verdean women through microfinance programmes.
Over the past 27 years, Morabi has provided nationally supported social and financial services for low-income people, with a special focus on women heads of household.
From 1994 to 2016, Morabi granted 30 thousand 413 credits, or more than two billion escudos, to train 8 thousand 186 people in various fields.
Currently and with the new legislation, Morabi is one of the 7 accredited microfinance institutions.
Current President of MORABI - Lina Gonçalves

There is no magic formula to ensure the success of your micro or small business, but a few attitudes can guide you.
- Set specific goals and objectives
- Pay attention to the financial balance and the inflow and outflow of resources.
- Develop yourself sustainably by preventing your company from becoming oversized;
- Analyze and compare suppliers according to price, quality, location and delivery time;
- Be prepared to meet future demand;
- Analyze the results: this task is essential in the management of small and micro-enterprises.
- Comply with obligations, including payment of the microcredit granted by the microfinance institution.