Imbita was formed as a self-help organization for women, and seeks to continue microfinance funding for very poor Swazis in their quest to alleviate poverty for themselves and their families.
This project empowers women to care for themselves and their families through revolving loans in an area not being served by other microcredit organizations. It provides women with credit to start businesses and increases their ability to support their families, especially in a country with the world’s highest HIV/AIDS infection rate. It directly addresses the importance of agricultural communities to begin seeking other income sources as Swaziland continues to suffer from a drought.
Imbita offers three main programs and services: savings, loans and training. Imbita requires that all women who receive loans attend training sessions on cash and credit management, budgeting, marketing, pricing and record-keeping.
Imbita promotes a culture of savings and requires 20 malanga ($4) per month as minimum savings per woman. This has helped women save for their children’s school fees, and for seeds and fertilizers needed in planting season.
"Joining [Imbita] has fulfilled my desire to help women have loans so that they can help themselves. Being entrusted with a loan is a transforming moment for the majority of our clients."
- Sbongile Mthembu, Coordinator, Imbita
Total Funding Received to Date: $1,208
This project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Project Report" tab as they become available.
Donors' contributions and pledges to this project totaled $1,208 . The original project funding goal was $50,000.
This project has provided additional documentation in a PDF file (projdoc.pdf).
Thanks to 13 donors like you, a total of $1,208 was raised for this project on GlobalGiving. Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
Still want to help?
Find another project in
Swaziland
or in
Economic Development
that needs your help.
Manzini, Swaziland
Executive Assistant
Washington,
DC
United States
Promote This Project On Your SiteProjects on globalgiving.org undergo compliance checks to ensure they have a bona fide charitable purpose and meet applicable laws relating to international philanthropy. Organizations listed as partners do not necessarily endorse or support any particular project listed on globalgiving.org. The GlobalGiving Foundation is a 501(c)3 organization (EIN: 30-0108263).
GlobalGiving
1023 15th Street, NW, 12th Floor, Washington, DC 20005
Phone: (202) 232-5784 Fax: (202) 315-2558
Contact us
