Kenya Kimende Women Trading Capital Club

 
$0
$5,000
Raised
Remaining

Summary

The 100 rural poor women of Kimende are not idle and waiting for handouts. In fact they are busier than most of us in the developed west, toiling very hard daily but producing very little due to small trading capital. She earn a mere $3 profit for her family's daily survival. Each woman would earn over $6 in daily profit if ICAfrica could advance them $50 loans each. This simple act effectively moves the woman & her average family of 4, above the poverty line. Project seeks fund for the women.

What is the issue, problem, or challenge?

80% of the 25,000 people (children and adults) in the Kimende community area of Kenya, are presently living miserable life of extreme poverty, hunger and malnutrition. It is not that the people are idle. No! They are very hard-working and busy, especially the women, struggling daily to earn small profits with which to feed their families. The problem is they don't have enough trading capitals with which to expand their trades, earn more profits and move their families above the poverty line.

How will this project solve this problem?

If the 100 women identified are assisted with $50 each, within one week, the daily incomes of all their families would rise from an average of $3 a day to $6 a day. This means that in a household of the woman with 2 children, each person is now living on $2 a day. She can now afford better food, kerosine, soap,some used clothes for her family. This is a small step towards preventing starvation of the children. It places the women on the route to sustainable economic independence.

Potential Long Term Impact

With more micro-loans reaching this community, and applying the ICAfrica model of assisting the poorest "but active" entrepreneurs, more people in Kimende will benefit from the program. With more people in the community having more disposable income, more businesses (small & medium) will spring up. The more successful entrepreneurs would create jobs for the youth and adults.

Project Message

"I can't stop expressing my joy at the success and happiness I see daily in the faces of the women that have already received loans, growing their ventures and taking care of their families"
- Simon Muchoki, ICAfrica's Project Manager, Kimende, Kenya

Funding Information

This project has been retired and is no longer accepting donations.

Resources

Retired Project

This project is no longer accepting donations.

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Organization

ICAfrica
ICAfrica

Ottawa, Ontario, Canada
http://www.icafrica.com

Project Leader

Eugene Nzeribe

Ottawa, Ontario Canada

Where is this project located?

Map of Kenya Kimende Women Trading Capital Club