MBMF Paves the Path Towards Financial Success
Binu Gurung diligently tends to her farms every morning. Her business is steadily growing, and she finds great satisfaction in seeing the fruit of her labor.
Latika is a 32 year old mother with 2 young daughters and a husband. Her husband used to work as a cobbler but the business was not doing well. Latika knows how important education is but they were struggling to pay the school fees. The future of schooling for her 2 girls was not looking very promising.
Latika was one of the first women who joined the My Business My Freedom program a year ago. Latika joined a women’s group where she shared her challenges and dreams. She received her first loan of Rs. 30,000 [AU$356] to help get her cobblers shop back on track. She has just paid her last installment and is ready to receive another loan to continue growing her business. We are so glad to see her business grow so much in such a short time. Her daily revenue is around Rs. 5,000 [AU$59].
Latika is not only making a good profit and making responsible financial decisions but she has become a confident entrepreneur. Wherever there is a need of shoes for the 3 Angels Nepal (3AN) children homes, they reach out to her. 3AN is one of her biggest customers. Doing business with Latika means empowering her. Latika is indeed an inspirational woman!
Project Partners
Binu Gurung diligently tends to her farms every morning. Her business is steadily growing, and she finds great satisfaction in seeing the fruit of her labor.
Janu Maya Thapa Magar, a 35-year-old Nepali woman, spent her youth carrying bricks for a living due to the lack of support and opportunities to lead a good life.
As we look at the history of the "Badi" community, it is a marginalized group in Nepal that has historically faced discrimination on both social and economic grounds and had to endure social stigma and prejudice, which restricted their access to education and basic necessities.
Our program, My Business My Freedom (MBMF), in Nepal, is making a significant impact by offering credit services to Nepali women.
Puja, 32, is one of our My Business My Freedom (MBMF) microfinance program members in Nepal.
Ganga Damai joined Shakti Women's group after My Business My Freedom (MBMF) reached her village in Nepal three years ago.
She is 46 years old and has six members in her family. The main source of their family's income before she...