Sushila's Fishing Equipment Store
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Sushila Damai is one of the members benefiting from our microfinance program in Nepal, My Business My Freedom (MBMF).
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Sarita is part of My Business My Freedom (MBMF), our microfinance program in Nepal. She is 30 years old and is a member of the Ghalehowk Women’s group. Her journey is an example that we hope could inspire other women to build and scale their businesses.
Sarita in her clothing shop
As with most shops, one of the things that an owner should ensure is that her stocks are enough for the increasing demand of customers. This is so as to produce a regular profit for her business. However, Sarita faced a financial crisis and fell behind in restocking her clothing shop’s items. One and a half years ago, she became an MBMF member and took a loan of NPR 40,000 (USD 299) to expand her clothing business. It proved beneficial during her time of need, enabling her to resume business activities and a chance to get her business back on track. She restocked her shop, and within nine months of the first loan, she was able to repay the loan amount successfully.
Sarita’s business is thriving, and she recently obtained a second loan of NPR 60,000 (USD 449) to expand her shop and add new items. Her goal is to generate monthly earnings of NPR 80,000 (USD 1,122) to NPR 100,000 (USD 1,496), which she plans to reinvest in her business. Sarita is feeling very optimistic about the future and expressed her gratitude to the team for bringing their services to her community and providing hope for her business.
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Our Partners
Sushila Damai is one of the members benefiting from our microfinance program in Nepal, My Business My Freedom (MBMF).
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.