COVID-19  Zambia Project #46086

Coronavirus Relief Fund for Vulnerable women

by Charity Centre for Children and Youth Development
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Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Coronavirus Relief Fund for Vulnerable women
Participants photo1
Participants photo1

Charity Centre for Child and Youth Development has strong establishments with communities in Northwestern Province. Financial literacy programmes have been one of the core businesses among other activities that CCCYD undertakes besides the financial empowerment progarm. For several years now CCCYD has conducted several trainings in different districts of North-western province of which Solwezi is one of the Districts. However, in the Month of June 2022 CCCYD trained 20 micro-entrepreneurs in financial literacy education. .

The objectives of the Micro Business Simulation (MBS) trainings are as follows:

  • Understand what entrepreneurial thinking and acting means and apply it throughout the simulation
  • Get to know challenges and opportunities of micro enterprises and how to react on them
  • Understand basic accounting and controlling principles and apply simple financial tools throughout the simulation
  • build up a deeper customer understanding and basic marketing knowledge
  • recognize market dynamics and rivalry
  • Know the relationship between micro finance institutions and clients and understand implications thereof.

 

CCCYD carried out the MBS training for some of its recipients of the Social Cash transfer and other micro business entrepreneurs to which some of them uses for business activities in order to lessen on government dependence. During the training participants were extremely expectant and some of their prospects were as follows:

  • Understand how to grow a business
  • Get certificates and capital
  • To know how to calculate profit and loss
  • To know how to handle customers
  • Know how to overcome obstacles in business
  • Know how to generate capital

Our organization realised that providing micro-loans to small scale entreprenuers without the financial education has contributed to a high number of defaulters hence affecting the micro-loan progarm. Therefore, this programs aims at empowering vulnerable entrepreneurs with financial education in the community as part of the Coronavirus relief Fund. 

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Participants photo2
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Participants photo3
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COVID-19 pandemic, like other calamities, has come at a colossal cost to human life. The COVID-19 pandemic is emblematic of this. Women are disproportionately impacted by COVID-19 as compared to men because already many women depends on their small business to provide for their families. According to FinScope Zambia, 68% of women are financially excluded and women have less access to bank institutions at 11.6% compared to 17.5% for men. On the other hand, women have higher usage rate as concerns informal loan providers at 12.2% compared to 10.3% for men. (Interestingly, more women say they would spend potential credit on starting businesses than men.) As mentioned above, most women have low incomes earned outside the formal sector and less access to collateral or other security. Some banks have gender-biased policies insisting that the husband should give his consent to a wife’s application and/or collateral being proposed.

Quarantine measures imposed by Government as a response to the COVID-19 pandemic are putting many girls and women at heightened risk of violence in the home and cutting them off from essential protection services and social networks.

Economic stress on families due to the outbreak has put women and girls at greater risk of exploitation, child labour and gender-based violence is now the order of the day. Therefore, to respond to these challenges CCCYD has developed with project in consultation with many affected vulnerable women in Solwezi. The country lockdown is also lock down on women and girls’ autonomy, reinforcing the attitudes and practices that regard women and girls as second class and hold them back. Rigorous protection and safeguarding all girls and women from gender-based violence must be emphasised and prioritised in all policies, information, guidance at all stages of the response

 

The COVID-19 relief fund  is  providing a revolving fund to vulnerable women keeping orphans and vulnerable children to start a small home based business that would help them recover from major negative impacts of COVID-19. Vulnerable women are disproportionately impacted by COVID-19. Women in Solwezi feeds households and helps children attend school and meet health costs.

The project has so far supported over 200 vulnerable women who are recovering from the COVID-19 shocks. Micro entrepreneurship is key in attaining local development and improved income at household level.  many people shall benefit and the majority beneficiaries will remain with a capital which they have lost during the Country's lock down. All the beneficiaries  are also being  trained in micro business management  with the support from DSIK that is providing training resources and the micro business training game . When we empower a woman we have empowered the whole family hence developing this initiative to respond to COVID-19 economic impacts. Your continued is 

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Business simulation Training1
Business simulation Training1

Women in rural parts of Zambia face unique challenges when it comes to accessing financial services that leaves many very vulnerable and the many end results are that many women and girls fail to complete education which also forces young girls to get into early marriage and motherhood, and the demands of family and community support roles can leave women without the same opportunities as men, and without the tools and resources to economically empower themselves and their families. Other barriers to accessing financial services include systems of land inheritance which favour male ownership, leaving women without assets to pledge for bank loans and challenges for women who do not have powe. Cultural attitudes towards women in business can make it difficult for women to access the services and inputs which they need to progress.

Responding to some of the above highlighted challenges, Charity Centre for Children and Youth Development developed a Coronavirus Relief fund to support women with startup capital and so far the organization has supported over 150 women.

Our soft loans for women range from $30 to $200.

Besides, the provision of soft loans, we are also offering farmers and micro business simulation training to enhance financial literacy education for small scale farmers and micro-entreprenuers 

We therefore, request all interested donors and institutions to come on board so that we can reach out to many vulnerable women in Zambia. 

Business simulation Training2
Business simulation Training2
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Zambia is among the many Countries that have been affected by the Corona Virus which has claimed lives in many Countries around world and Solwezi District has not been spared from the pandemic. Most of the poor People especially vulnerable women in Zambia live on less than a dollar per day and COVID-19 has just worsened the situation. Women are the most affected people in the communities. In Solwezi, all the families have been confined in their homes spending the little income raised from their small business. Therefore, COVID-19 has left families in Solwezi without food, soap and other essential basic needs such as medical bills and many others, which are cardinal for human survival. The loss of business and employment opportunities due to COVID-19 has caused many vulnerable women to be involved in prostitution and other illicit activities to enable them earn a living which compromises their human dignity.

In order to respond to the economic shocks that has proposionately affected women, Charity Centre for Children and Youth Development created Coronovirus Relief Fund to support vulnerable women in Solwezi. The organization has disbursed ZMW 211,500 about $9,346 targeting 193 women in Solwezi District between April and June 2021. The project is helping women set up a small business in local markets of Solwezi. 

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Project beneficiary
Project beneficiary

Zambia is among the many Countries that have been affected by the Corona Virus which has claimed lives in many Countries around world and Solwezi District has not been spared from the pandemic. Most of the poor People especially vulnerable women in Zambia live on less than a dollar per day and COVID-19 has just worsened the situation. Women are the most affected people in the communities. In Solwezi, all the families have been confined in their homes spending the little income raised from their small business. Therefore, COVID-19 has left families in Solwezi without food, soap and other essential basic needs such as medical bills and many others, which are cardinal for human survival. The loss of business and employment opportunities due to COVID-19 has caused many vulnerable women to be involved in prostitution and other illicit activities to enable them earn a living which compromises their human dignity.

Women’s economic empowerment is critical to achieving gender equality and sustainable development. Women are key contributors to economies as producers of food, managers of natural resources and as entrepreneurs and employees. Additionally, women are the main providers of unpaid care and domestic work - globally, women do 2.6 times the unpaid care and domestic work that men do. Economic empowerment is one of the most powerful routes for women to achieve their potential and advance their rights. Since women make up the majority of the worlds poor, meeting poverty-reduction goals requires addressing women and their economic empowerment. Working with women makes good business sense. When women have the right skills and opportunities, they can help businesses and markets grow. Women who are economically empowered contribute more to their families, societies and national economies. It has been shown that women invest extra income in their children, providing a route to sustainable development.

In order to mitigate the COVID'19 negative impacts on the vulnerable women, Charity Centre for Children and Youth Development created a Coronavirus Relief Fund which has now been redeveloped into Afri-Seed Fund meaning African Seed Fund to provide seed capital to vulnerable women affected by Coronavirus in Zambia. 

So far, over 100 vulnerable  women have beneficted from the project in Solwezi District of Zambia. Our goal is to reach out to 500 vulnerable women in Zambia.

Continue supporting supporting the project and help women stand on their feet.

Beneficiary 2
Beneficiary 2
Beneficiary and the project officer
Beneficiary and the project officer

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Organization Information

Charity Centre for Children and Youth Development

Location: Solwezi, North-Western - Zambia
Website:
Facebook: Facebook Page
Project Leader:
Alex Bwaluka
Executive Director
Solwezi, North-Western Zambia
$4,858 raised of $6,000 goal
 
32 donations
$1,142 to go
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