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!
Women Entrepreneurs Affected during Nepal Lockdown
Anjana, 30, is married and has 2 children. Because she married at an early age of 16 with neither her or her husband having any source of income, their parents refused to support them. She felt the need to work or start her own business, but she had no means of funding. To support the family, Anjana’s husband started working at a cobbler’s place. There he earned about NPR 6,000 (AUD 65) per month, which was barely enough to provide for their rent and other basic needs. They struggled financially.
Suma Pun (28) lives with her husband and child. Her husband is 60 years old and unable to support his family. Suma joined the My Business My Freedom and with her first microloan, purchased a sewing machine to make clothes to sell.
Yam Rana was married 13 years ago and has a daughter and a son. She and her husband struggled to provide for their family which meant they could not send their children to school. She heard about the My Business My Freedom Program and attended an orientation session. This was an opportunity she knew would help her to grow an income and be able to give her children an education.