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

    

END POVERTY | MY BUSINESS - MY FREEDOM | NEPAL | STOP HUMAN TRAFFICKING

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.




CHINA | EDUCATE GIRLS | END POVERTY | VOCATIONAL SCHOOL SCHOLARSHIPS

An Orphan's Life is About to Change

In August this year, 95 girls joined Captivating's Vocational School Scholarship program, bringing the total of girls in this 3 year program to 277. All these girls were found by our on-the-ground partner [Shamtse] to be out of school. Getting these girls back into school where they can learn a skill that will provide them with independence and job opportunities is important to us at Captivating. It's girls like Zhang who bring special meaning to this program.




CHINA | EDUCATE GIRLS | END POVERTY | HUSKY ENERGY TAILORING SKILLS PROGRAM FOR WOMEN

Determination to Support Her Family

The year is about to come to end, but for the women in Husky Energy Tailoring Skills Program for Women, this will mark a new beginning. They are more than excited to graduate from the program and start a new chapter, equipped with their newly learned skills in making beautiful clothing. One of them is Degerjyid.




CHINA | END POVERTY | PIGS FOR POVERTY

A Mother's Sustainable Efforts to Send Her Children to School

"I always firmly believe that education can change the future, so it's important to me to send my children to school no matter how hard or tired I am. I didn't have the opportunity to get an education. Because of this, I haven't had a stable source of income, but I have to stick whatever I can for the sake of my children. Fortunately, with your encouragement and help, I have hope in my life."




END POVERTY | HONOR 1000 - MICRO FINANCE PHILIPPINES | PHILIPPINES | STOP HUMAN TRAFFICKING

From Strength to Strength

Alma is one of Honor 1000's Microfinance clients in the Philippines. Her main place of sale has been at schools catering primarily to students and teachers. But because the pandemic has forced schools to cease operations, Alma was faced with a new challenge.




CHINA | EDUCATE GIRLS | END POVERTY | MY FIRST JOB PROGRAM

Diligent Mum Now with Stable Employment

When she first joined the My First Job Assistant Chef Program, she was nervous and worried that she would slow down the class' progress because other women may already be more skilled than her. Dongzhikyid doubled her efforts, working diligently everyday on the assignments the teacher gave them, and was able to keep up with everyone else.