November 18, 2009, 3:30 - 4:30 PM - Hudson Institute, Washington, D.C. Headquarters
held a discussion on…
Microfinance in South Sudan
Rev. Thomas Anei
Twenty years of war devastated South Sudan and shattered its economic infrastructure. While Sudan's oil is found mostly in southern fields, oil revenues have not yet led to development or jobs in South Sudan. A referendum on secession, scheduled for 2011 under the Comprehensive Peace Agreement that ended the war, lends urgency to the need to find solutions to South Sudan's continuing state of humanitarian crisis. To shed light on one hopeful model, The Rev. Thomas Anei discussed his success in establishing microfinance in the southern village of Lietnhom. Working with Five Talents International, a Christian nonprofit organization specializing in microfinance, and Sudan's Episcopal Church, Rev. Anei helped set up South Sudan's first community-owned village bank and provides training for local residents to start and manage small businesses. The bank was unharmed by conflict that broke out between local clans in spring 2008, and helped residents to rebuild in the aftermath. It now claims over 500 members.
For more information, please email Beth Kerley at firstname.lastname@example.org
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