Dear Colleagues.

Warm greetings form ESSET.

I would like to take this opportunity to present to you the attached report
on Solidarity Finance. Between 2010 and 2011, ESSET hosted consultative
meeting with the Informal Traders from SADC with the aim to find out what
are the challenges facing the Informal Traders in the daily work?

>From the 5th to the 7th of October, 2010, church representatives from five
SADC countries, namely, South Africa, Zimbabwe, Lesotho, Swaziland and
Zambia, met in Johannesburg for a dialogue on justice and informal trade.
One of the main concerns of the dialogue was the ways in which informal
traders in the region are being excluded from formal financial institutions
and government-subsidized financial support opportunities in countries
where they exist, such as South Africa. Their lack of financial support
given its hugely harmful effect on productivity and earnings and therefore
the livelihoods of informal traders is one of the biggest challenges facing
them. To understand the magnitude of this challenge it is important to shed
light on the state of the informal trading sector in Africa and the
macroeconomic philosophy that underpins the operations and practices of the
formal financial sector.


ESSET then organized a study visit to Brazil in July 2011. A delegation of
four people from Southern Africa was sent by ESSET to Brazil for a study
visit. The delegation consisted of two women informal traders representing
traders from Lesotho and South Africa respectively an a researcher form
Namibia and a ESSET staff member. The main aim of the study was to learn
about different forms of Solidarity Economy that take in cognisance of
presence and existence of Informal trading.


The attached report on this email entails summarized version of the
findings made in Brazil and other areas where the concept of Solidarity
Economy is a way of living especially in Latin America. Your inputs on this
report will be highly appreciated and they will inform the innovative ways
on how to explore this concept in relation to our African context. I hope
you find the contents of this report interesting to be further explored. It
also advisable that for those of you who belong to structures or
organizations use this report to debates or dialogues to get what other
people are thinking of this concept and how we try to explore it further?;
and as stated above your feed back will be very helpful. Thank you.


Kind regards.


Yours in struggle for social justice.


*Mandla HK Mndebele - ESSET Programme Assistant*

*Telephone: +2711 833 1190*

*Fax: +2711 833 1076*

*Mobile: +2779 095 3493*

*Email: [email protected] **/ **[email protected] *
-- 
*"BECAUSE HE LIVES, I LIVE TOO !!!"*

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