Jul 16, 2021

Micro loans even more vital now for women

Our last report to our donors was in March 2021. Since then, the Turkish government first introduced limited freedom on mobility, then imposed a three-weeks lock down, then went back to limited measures and restrictions, and finally removed all the restrictions due to the pandemic in July. The economy of the country was impacted by the restrictions and this also impacted the businesses of low income women that we support. The government did not provide any economic stimulus for the micro and small enterprises or self-employed. Hence, the micro loans KEDV provide for women entrepreneurs are very important in sustaining the micro businesses of low income women.  

Thanks to our donors through GlobalGiving since March 2021, we were able to continue our micro lending activities to low income women. With the donations made in the past 4 months, KEDV was able to give micro loans to 6 more women. Their businesses vary from knitting adult and children sweaters to selling kitchenware, producing home accessories and hair accessories from dried and artificial flowers, organizing events, producing wedding gifts. The women were able to sustain their businesses, support their cash-flow, buy products for their shops and materials and machinery for their productions with the help of the loans.

In the last 4 months, KEDV was able to raise 2000USD from its donors. In total 208 donations were made to this project since 2015. We are now closer to our target of USD70,000 to be able to support 200 low income women entrepreneurs, but we still have a way to reach it. The need is even more as a result of the economic and social impacts of the pandemic. We would be grateful if you could continue to spread the word and share the project link in your networks.

Warm regards…

Mar 25, 2021

Supporting women entrepreneurs in times of pandemi

Dear Supporters,

After our last report in November, new measures were introduced by the government due to increases in the number of cases in Turkey. As of March, a color coding system was introduced, grouping the cities in 4 grades depending on the severity of the pandemic. The restrictions imposed in each city is determined according to the color code of the city. State still is not providing any economic stimulus for the micro and small enterprises or self-employed. Hence, the micro loans KEDV provides for women entrepreneurs is even more important.

Thanks to our donors through GlobalGiving since November 2020, we were able to continue our micro lending activities to low income women. With the donations made in the past 4 months, KEDV was able to give micro loans to 9 more women. Their businesses vary from knitting adult and children sweaters to selling cosmetics, sewing curtains, selling parquet, kitchenware, producing decorative items, producing food. The women were able to sustain their businesses, support their cash-flow, buy products for their shops and materials and machinery for their productions with the help of the loans.

Since June 2015, KEDV raised a total of USD41,000 through GlobalGiving. We are now closer to our target of USD70,000 to be able to support 200 low income women entrepreneurs, but we still have a way to reach it. The need is even more as a result of the economic and social impacts of the pandemic. We would be grateful if you could continue to spread the word and share the project link in your networks.

Warm regards…

Nov 30, 2020

Support to Sustaining Low Income Women's Businesse

After our last report on August 3rd, the restrictions imposed due to the pandemic by the Turkish government were relaxed. State did not provide any economic stimulus for the micro and small enterprises or self-employed except for postponing tax payments and providing loans. With the increasing numbers of people infected by Covid-19 since August, the government once again introduced restrictions, without any support to small and micro entrepreneurs. Hence, the micro loans KEDV provided for women entrepreneurs became even more important.

Thanks to our donors through GlobalGiving since August 2020, we were able to continue our micro lending activities to low income women. With the donations made in the past 4 months, KEDV was able to give micro loans to 9 more women. Their businesses vary from selling cosmetics to sewing clothes, selling women’s clothes, kitchenware, knitting, producing curtains, running a hairdresser shop, grocery store. The women were able to sustain their businesses, buy products for their shops and materials and machinery for their productions with the help of the loans.

Since June 2015, KEDV raised a total of USD13.000 through GlobalGiving. We still have a long way to reach our target of USD 70.000 to be able to support 200 low income women entrepreneurs and the need is even more as a result of the economic and social impacts of the pandemic. We would be grateful if you could continue to spread the word and share the project link in your networks.

Warm regards…

 
WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.