Turkish Foundation for Waste Reduction (TİSVA) is providing
services with 93 branches in 63 provinces of Turkey and the latest branch was
opened in Esenyurt, Istanbul.
Their services were started in Diyarbakır in 1998 and it has
been supporting women in earning their own living by providing microcredit to
them. According to the General Manager of the microcredit branch of the Turkish
Foundation for Waste Reduction, Halil Orhan, “Till today we have distributed
microcredit to more than 180 thousand women. Microcredit is a system without
any need for guarantee, collateral or court proceeding but is based totally on
trust. It is a system which brings 5 women together in a group. Our repayment
rate is 100%. This is also because of the trust between the women. No matter
what, women always make their repayments on time. Microcredit has been
providing services in 7 branches within Istanbul. With the contribution of the
Mayor of the Esenyurt Municipality, District Governor of Esenyurt and Vuslat
Doğan Sabancı microcredit will continue to provide services in the Esenyurt
province.”
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