Freedom Loan Fund Campaign

A microproject by Nepal Youth Foundation (NYF)
Vetted

Summary

This project will fund micro co-op loans for Nepali girls rescued from the Kamlari system of child slavery to start their own businesses.
$511
total raised
23
donors
0
monthly donors
2
years active

Challenge

Girls who were rescued from the Kamlari system of child slavery are now free--and they are becoming powerful young women who are starting their own businesses with the help of NYF's co-op loan program. The freed Kamlaris have formed 37 business co-ops with over 2,600 members and they have invested $40,000 back into their own loan fund. But the loan fund can't keep up with all the former Kamlaris who want to start a business. There are hundreds of eager young women on the co-op loan waiting list.

Solution

All funds raised for the project will be invested in the co-op loan fund and used by the former Kamlaris to start their own businesses. The average loan amount is $300. These young women use the funds to start businesses as pig farmers, vegetable farmers, beauty shop owners - even motorcycle shop mechanics! For $250, a young women could start a vegetable farm, which could yield as much as $3,000 annually, with 80 percent net profit.

Long-Term Impact

Not only have former bonded servants achieved personal freedom and dignity, they are creating lasting social change and future educational and professional opportunities for their sisters. NYF provided $45,000 to start the co-op loan fund, which the freed Kamlaris administer, and more than 750 young women have successfully launched their own businesses. The co-op loan fund stimulates the cultural and economic development necessary to ensure that no child will ever become a victim of Kamlari.

Resources

http:/​/​www.NepalYouthFoundation.org
NYF's Website
Freedom Loan Campaign
CNN Freedom Project video
Empowering Freed Kamlari program

Organization Information

Nepal Youth Foundation (NYF)

Location: Sausalito, California - USA
Website: http:/​/​www.NepalYouthFoundation.org
Project Leader:
James McIntosh
Sausalito, CA United States

Retired Project!

This project is no longer accepting donations.

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