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.
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