Microfinance is keeping my kids in school

Mina was married at the age of 15. Now, at 32, her and her husband have a daughter and two sons. She was from a poor farming family. She tells us her story. “I started a ‘Chatpat’ (a quick sour, chilly snack) selling business with an investment of about Rs. 2,000 (US$17) as that’s all my family could afford. I was able to earn around Rs. 1,000 (US$8) daily and although this was not much, it boosted my confidence. That was 6 years ago. I wanted to grow my business but I wasn’t able to get a loan.”

“A year ago, I learned about the My Business My Freedom (MBMF) program through  the visit of Laxmi (MBMF Project Manager). She explained that there was an opportunity for me to grow my business with a microloan through this project and the interest rate was low. I joined a group of 10 other women like me. After some training and mentoring, I was given my first loan of Rs. 30,000 (US$260) to expand my business. My income has doubled since then. I have even begun to save little by little for my children’s future. My daily income is now about Rs. 2,000 (US$17). My daughter also helps me in the business. I am now confident that I will be able to send my children to school and complete their education and I am able to manage household expenses better than before. The lessons taught to me by Laxmi has been very helpful to manage personal financial needs too.”

“The My Business My Freedom project has changed my life and I feel motivated when Laxmi comes to us and encourages us. I will continue in this business and grow it for many years to come.”

The My Business My Freedom project gives women who are stuck in the cycle of poverty, the opportunity to become self-sustainable. This is an important part of helping reduce the risk of her and her children falling prey to trafficking. 

Project Partners

    

CHICKEN FARMING PROJECT | CHINA | END POVERTY

Chen Erqie Takes Pride in Her "Excellent Breeder" Award

The Chicken Breeding Project in China empowers women to break free from poverty and instills hope into their lives. This initiative is dedicated to improving the livelihoods of 90 rural families residing in remote regions of Sichuan, China.  Our goal is to uplift their livelihood by equipping them with high-quality chicks, essential feeds, and continuous training in advanced techniques and strategies for managing a thriving home-based chicken business.




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES

Appointing Coordinators in our Microfinance Program

We continue to empower more women through our microfinance program in the Philippines. We opened a new microfinance group in Bayan-Bayanan, one of the barangays in Dinalupihan, Bataan.




CAPTIVATING VILLAGE PROJECT | EDUCATE GIRLS | END POVERTY | NEPAL

From Hardship to Hope

Grishma Rai is one of the Nepali girls that we support in the Captivating Village Program. In 2023, the Captivating Village Program initiative reached 18 villages in Nepal, and one of those that we have reached is Grishma's village.




EDUCATE GIRLS | END POVERTY | PHILIPPINES - MANILA SLUM PROJECT

Breaking from the Cycle of Poverty

Jennelyn’s mom and sister got pregnant during their teenage years.




CHINA | END POVERTY

Chicken Farming Project Gives Hope to Struggling Mothers

The Chicken Farming Project in China continues to enable more women to run their chicken businesses successfully.




END POVERTY | MY BUSINESS - MY FREEDOM | NEPAL

Khushi’s Way to Break the Deep-rooted Stigma

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.