Empower women through financial access & service

by World Vision
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Empower women through financial access & service
Aug 16, 2019

A Better Future

Margret (right) serving a customer
Margret (right) serving a customer

Life was a nightmare for Margret and family.

Margret, a mother of 7 and grandmother of 10, hails from Kapatuka village in Malawi. She is 56 and was widowed over 10 years ago. As the sole bread winner, she faced a myriad of challenges trying to make ends meet. Life was tough, and it was a mammoth task to take care of the seven children that were left behind after the demise of her husband.

“Life was not easy. It was really hard to take care of all the children as a single mother. Fending for food and other basic necessities for the family was an uphill task. This situation was exacerbated by the fact that I had no skills to engage in any form of micro enterprise,” said Margret. As such, she had no tangible source of income to meet her basic needs. There were times when Margret and her family went to bed on empty stomachs, especially during lean periods.

The arrival of World Vision to Margret’s community brought a ray of hope to many people. With World Vision, the community started participating in a number of development projects for transformation. Through World Vision’s Economic Empowerment Project, Margret and her friends formed a village savings group. From the village savings, she started a small business selling household supplies. Trying to expand her economic base, she has expanded into new frontiers. Margret has gone beyond the usual small-scale businesses selling tomatoes, doughnuts and dried fish, which are common among women.

“I decided to venture into soap making because it’s unique and the market and is readily available. Hence I am able to make quite a fortune from the business. Looking at the way the business is going, I see myself making 100% plus profit from the capital,” said Margret.

Margret is now a proud mother and grandma and is able to provide for her family without any problem.

“I don’t struggle fending for my family. I am very optimistic of a better future for my family, including my grandchildren. Though a widow, I am now comfortably taking care of my children due to diversified income through small scale businesses,” she says. “From the soap I am making, I expect to raise 150,000.00 Kwacha ($197) which is even higher than the dividends I would accumulate through savings in the same period of time,” says Margret.

With the income raised through the various ventures, she has started building a brick house and hopes to include an iron roof with proceeds from the soap.

Share on Twitter Share on Facebook
Comments:

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 will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating.

Get Reports via Email

We'll only email you new reports and updates about this project.

Organization Information

World Vision

Location: Federal Way, WA - USA
Website:
Project Leader:
Bernadette Martin
Federal Way, WA United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

Still want to help?

Support another project run by World Vision 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

Sign up for the GlobalGiving Newsletter

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.