MBMF Women Looking Forward to Reopening their Businesses

Sangita is one of the many women in the My Business My Freedom (MBMF) program who have been affected by the pandemic and the series of lockdowns implemented in Nepal.

When Sangita became part of the MBMF program, she received a loan of Rs. 30,000 (USD 249) to buy a tailoring machine. She started her small business of handmade earrings and ornaments. Later on, she also made and sold ready-to-wear clothes.

Her business was going well until the lockdown was announced due to the second wave of COVID-19. Before the lockdown, she was repaying the loans and making a monthly savings of Rs. 500. However, it has been two months now since her last repayment installment.During lockdowns, loan repayments are suspended to help these women and their families get through another crisis. Nonetheless, Sangita remains positive that she will be able to continue repaying the loan as soon as the lockdown is eased and her business starts operating in full swing again.

WE NEED YOUR HELP

Help stabilize Nepali women like Sangita with a small business loan. Your donation of US$200 will go a long way. Click on the links below to know more.

 

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