Financial Inclusion in Egypt - Empower 8000 women

by Coptic Orphans
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women

Project Report | Aug 5, 2016
A Mom's 'Stability, Self-Confidence, and Opportunity to Prove Myself'

By Nermien Riad | Founder and Executive Director

A widow joins B'edaya during the 3rd-round launch.
A widow joins B'edaya during the 3rd-round launch.

I wanted to share an inspiring story I just heard from one of our staff, who is visiting the villages in Egypt where your support is enabling widowed mothers run their own businesses. He told me:

I met a woman named Marina from a village near Sohag. When she was widowed three years ago, she was left alone to support four daughters.

Before her husband's death, she had been taking odd jobs tailoring clothes for friends and acquaintances. After her husband died, she started doing it full time.

In 2014, her daughters became enrolled in Not Alone, the Coptic Orphans program that works to remove every obstacle between fatherless children and their education. While the program focuses on offering the children love, encouragement, and mentoring aimed at meeting their specific needs, especially with regard to education, it also benefits the entire family.

One of the key benefits for mothers is the opportunity to become part of B'edaya, the Coptic Orphans microfinance initiative tailored specifically to widows' needs.

Marina was able to join the second round of B'edaya and obtain a loan to boost her small business. In her words, being part of Not Alone and B'edaya gave her a feeling of "stability, self confidence, and an opportunity to prove myself."

The B'edaya loan helped her to avoid having to reach out for handouts. It also meant she didn't have to work for someone else. In fact, for Marina, B'edaya "isn't just about the loan, it's about the advice, the follow-up, the guidance."

Today, two of Marina's daughters are in college. One is studying graphic design and the other studies business. Her advice for her daughters now is, "Learn a trade along with your degree; in Egypt's unstable economy, having a trade is something to fall back on."

Marina's dream is that her little home business grows into a small factory where she hopes to one day teach tailoring skills to young women, and then hire them.

This spring, Coptic Orphans held ceremonies around Egypt honoring 42 widowed mothers who received LE243,500 (US$27,400) in microloans for income-generating projects in B'edaya's third round.

These mothers are heroes to all of us at Coptic Orphans, and by God’s grace, we’re honored to provide them with both microloans and coaching in entrepreneurial skills to develop their inborn perseverance, ingenuity, and business-savvy.

Thank you for your continuing support, and for helping these mothers escape poverty and put their families on the path to economic self-sufficiency!

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May 9, 2016
Good News! Your Impact for Widows in Egypt

By Nermien Riad | Executive Director

Feb 9, 2016
Microfinance: When Preparations Replace Desperation

By Nermien Riad | Founder and Executive Director

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Organization Information

Coptic Orphans

Location: Merrifield, Virginia - USA
Website:
Facebook: Facebook Page
Twitter: @copticorphans
Project Leader:
Nermien Riad
Merrifield , VA United States

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