The mission of WomensTrust is to empower women and girls in Ghana through micro-enterprise, education, and healthcare, and to inspire others to do the same elsewhere. Our project: supports women in low-income communities to achieve sustainable incomes through microenterprise; provides scholarships to girls who otherwise cannot afford to stay in school to complete their educations and provides access to basic healthcare coverage and education for our clients and their families.
What is the issue, problem, or challenge?
Most of our clients make their living in the informal economy as hairdressers, bakers, seamstresses, and small traders, selling goods from tables and small kiosks or carrying them from place to place. With WomensTrust capital, they are able to increase or diversify their inventories. They can buy in bulk, decreasing their time away from work traveling to buy supplies. Profits accrued are immediately invested in better nutrition, healthcare, and education for themselves and their children.
How will this project solve this problem?
We believe the climb out of poverty cannot be maintained by access to credit alone. In our model, the key to long-term economic growth is to integrate education and access to healthcare with the micro-lending program to achieve sustainability.
Potential Long Term Impact
WomensTrust does not help the poor; rather, we empower disadvantaged women and girls to sustain their climb out of poverty. Our agenda is to share our knowledge and our access to resources in order to encourage economic growth and sustainability.
Total Funding Received to Date: $94,079
Remaining Goal to be Funded: $5,921
Total Funding Goal: $100,000