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.
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. She got married early and came from a laboring family. Her husband was illiterate, and they had three children, leaving her no choice but to carry bricks as their main source of livelihood. This had a significant impact on her emotional state and left her feeling fragile.
One and a half years ago, Janu Maya became a member of the My Business My Freedom (MBMF) program as part of a MBMF women’s group in Pokhara. She took out a loan with the hope of starting her own business. With an initial loan of NPR 60,000 (US$ 449), she set up a small tin hut at the side of the road. She kept a small wooden table and started selling chatpate (a spicy and tangy snack or street food popular in Nepal) and maize grilled in coal. She also bought a few goats with the remaining money.
Currently, Janu Maya is busy running her business and has recently taken an additional loan of NPR 35,000 (US$ 262). She now has six goats to take care of and hopes to add more soon. She opens her snack hut in the afternoon till late evening and earns around NPR 1000 (US$ 7.5) per day as profit. We are excited to see more women progress in their lives through our program by empowering them to start their own businesses.
WE NEED YOUR HELP
Help stabilize Nepali women with a small business loan. Your donation of US$200 will go a long way. Click on the links below to know more.
Our 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.
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...
Gomali is on her way toward financial independence. The example she has set as a single woman when it comes to handling her finances has become an inspiration to other women.
Gomali B.K. became a member of the MBMF group three years ago. MBMF, or My Business My Freedom is...