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- October 13, 202619°
- BIST10012,151-0.94%
- USD49.220.00%
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- INTEREST37.00%-1.00
- BITCOIN82,797-1.05%
- October 13, 202619°
ORKÖY provided 20.6 million lira in support to 371 women by August 31
Under the ORKÖY program run by the General Directorate of Forestry, 371 women from forest villages received 20 million 602 thousand lira in microcredit support by August 31. The program aims to reach 751 women this year, with loans capped at 90,000 lira and 20 percent of the support provided as grants.
The Department of Forest and Village Relations, operating under the General Directorate of Forestry within the Ministry of Agriculture and Forestry, continues its efforts to strengthen the economic and social well-being of people living in forest villages.
As part of these efforts, the ORKÖY Microcredit Program aims to increase the participation of women from forest villages in production and support them in turning their handicrafts and local production into economic value.
Conditions of the microcredit support
The upper limit for microcredit support is 90,000 lira this year. Twenty percent of the loans allocated to women entrepreneurs is provided as a grant, while the remaining amount is repaid interest-free over three years in three equal installments.
Under the program, which was first launched in 2010, 2,225 women from forest villages had been reached by the end of last year. The program has provided a total of 130.9 million lira in microcredit support to date.
Traditional production areas receive support
Women benefiting from the support operate in areas including silver kazaz braidwork, shawl weaving, pottery and wooden bucket making, rag-doll production, village poultry farming, evil-eye bead making, silkworm breeding, copperwork, pine-cone molasses production, and olive-oil and felted-soap production.
The program also supports carpet weaving and various agricultural activities. Credit is also provided to purchase equipment such as butter churns, milking machines, grape presses, hoeing machines and dough-kneading machines to facilitate production.
Karacabey: Women’s participation in production contributes to rural development
Bekir Karacabey, General Director of Forestry, said that ORKÖY support does more than provide economic financing, contributing to the ability of people living in forest villages to produce with their own means and earn income.
Karacabey said the development of forest villagers must be addressed together with the protection and sustainable management of forests, adding that greater participation by women in production directly contributes to household economies and rural development.
Emphasizing the importance of turning women’s knowledge, skills and handicrafts into economic value, Karacabey said that a woman’s participation in production contributes not only to her family’s income but also to the economic and social life of the village where she lives.
Program aims to reach 751 women by year-end
As of August 31, ORKÖY had provided 20 million 602 thousand lira in support from domestic and external sources to 371 women from forest villages who are homemakers.
The program plans to reach 392 women through domestic resources during the year and 359 women from forest villages under the Climate-Resilient Forestry Project, which is financed through external resources. Thus, the program aims to provide microcredit support to a total of 751 women.
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