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.
Dila Kumari is 26 years old. Her husband, who is working in the Gulf country, is out of contact. She joined the My Business My Freedom program at the beginning of 2020 and received her first loan. With her microloan, she purchased five kid goats. With the income generated from rearing the goats, she was able to repay the first loan. She then again took a second loan to add additional goats.
Goat rearing has been unaffected by the pandemic whereas most other sectors are highly affected. The breeding of goats with boars has helped her to increase the productivity of goat meat. As goats are bought in the local community for meat consumption, she has no trouble finding buyers.
In the span of a year, she has been able to earn Rs. 100,000 (US$850) through her small business. This is a big deal for her and has changed her world. Besides goat rearing, she is also engaged in a small-scale seasonal vegetable farm.
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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...