Essentially, micro finance schemes are meant to uplift people’s welfare through providing soft loans to the people. However, most people do not access such loans due to the fact they do not have the security to present to cooperative societies. This in itself is a major set back, and will keep the less advantaged financially in a more precarious financial status. The major problem is securing the capital for them to start off, and then paying it back timely so that next time, the same micro finances can reconsider the beneficiaries for other loans. This is the most effective way of helping the poor get out of the financial slump that has been largely in existence due to lack of capital. If they have to form cooperative societies so that they have collective bargaining to get loans without securities, authorities should carry out sensitisation so that the masses can efficiently utilize the funds to uplift their welfare. Kicukiro
