Freedom Loan Fund Campaign

A microproject by Nepal Youth Foundation (NYF)
Play Video
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign
Freedom Loan Fund Campaign

Project Report | Sep 3, 2014
Freedom Loan Fund

By Jacqueline Frost | Development and Communications Manager

Freed Kamlari's co-op meeting
Freed Kamlari's co-op meeting

Thank your for your support of our Freedom Loan Fund Campaign — a micro-lending program that gives young women in Nepal who spent their childhoods as Kamlari slaves the opportunity to start a business and make a new life.

The freed Kamlaris have formed 37 business co-ops, now with 3,000 members, to support each other in building businesses. So far, more than 750 young women have used co-op loans to launch businesses such as vegetable farms, sewing shops, beauty salons, and even a motorcycle repair shop.

The Kamlari co-ops recently formed a network to give the young women the opportunity to share their experiences and improve the way they work together. Representatives from each co-op will meet regularly to share progress reports, create action plans and to review opportunities and challenges. NYF has also recently hired a manager to coordinate the rapidly expanding co-op movement.

Thanks to all of you who have helped these amazing young women to build a better life for themselves and their families.

Namaste!

Kamala's loan funded her motorcycle repair shop
Kamala's loan funded her motorcycle repair shop
Share on Twitter Share on Facebook

About Project Reports

Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.

If you donate to this project or have donated to this project, you can recieve an email when this project posts a report. You can also subscribe for reports without donating.

Sign up for updates

Organization Information

Nepal Youth Foundation (NYF)

Location: San Francisco, California - USA
Website:
Facebook: Facebook Page
Twitter: @nepalyouthfound
Project Leader:
James McIntosh
Sausalito , CA United States

Retired Project!

This project is no longer accepting donations.
 

Still want to help?

Support another project run by Nepal Youth Foundation (NYF) that needs your help, such as:

Find a Project

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Get incredible stories, promotions, and matching offers in your inbox

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.