Donation Options

Micro-finance Project in Egypt-Empower 200 women

 
$11,141
$38,859
Raised
Remaining

Summary

Our B' edaya (pronounced Beh-uh-day-uh) "With My Own Hands" microfinance initiative provides interest-free loans to female-heads of households, who are particularly disadvantaged in rural Egypt, to start income-generating projects. Upon the successful setup and operation of the project, each woman will repay the original loan which will then go to a revolving fund.

What is the issue, problem, or challenge?

Most of the mothers we meet want to provide for their children but don't have the ability to do so. Without a husband widowed mothers and their children are often ostracized in Egypt. Once the family is fatherless the mother is usually unable to work because of the social stigmas which forces them to either remove their children to work and leave school, or go to an orphanage. Our programs goal is to eliminate these negative outcomes and help families stay together through small businesses

How will this project solve this problem?

Once a mother is selected and her project is funded she can use the profit to improve the quality of life for herself and her children. Mothers are required to put at least 20% of their profit into a savings account. Once the mothers project becomes successful she repays the interest free loan to Coptic Orphans and it is given to another mother to make her project a success. This cycle continues allowing your donation to make many families independent.

Potential Long Term Impact

The 20% of profit generated in a Savings Account gives the family a sense of security when it comes to the finances of a household. Mothers will be able to better handle emergencies financially without being totally dependent on the Church or any organization. Other widowed mothers also see the potential success the program generates and know that it is also possible for them to succeed.

Funding Information

Total Funding Received to Date: $11,141
Remaining Goal to be Funded: $38,859
Total Funding Goal: $50,000

Resources

Donate by US Mobile Phone

Text GIVE 9108 to 80088 to donate $10 to Micro-finance Project in Egypt-Empower 200 women. Message and data rates may apply. Only works for US mobile phones.
TXT MSG from our lawyers: Note that your $10 donation will be made to the GlobalGiving Foundation-Micro-finance Project in Egypt-Empower 200 women project. Charges will appear on your wireless bill, or be deducted from your prepaid balance. All purchases must be authorized by the account holder. You must reply YES to the confirmation message. You must be 18 years of age or have parental permission to participate. Text STOP to 80088 to stop all communication. Text HELP to 80088 for help. Message and data rates may apply. Full Terms: www.mGive.org/T. Privacy Policy: goto.gg/privacy.
An anonymous donor will match all new monthly recurring donations, but only if 75% of donors upgrade to a recurring donation today.
Terms and conditions apply.
Make a monthly recurring donation on your credit card. You can cancel at any time.
Make a donation in honor or memory of:
What kind of card would you like to send?
How much would you like to donate?
gift Make this donation a gift, in honor of, or in memory of someone?

Organization

Coptic Orphans

Merrifield, Virginia, United States
http://www.copticorphans.org

Project Leader

Dina Daniel

Merrifield, VA United States

Where is this project located?

Close
Great; we do too!
Enter your email address to receive updates from this project and from GlobalGiving
We respect your privacy.