Economic Growth Bangladesh Project #65187

Empowering Women Entrepreneurs: Microfinance Fund

by OBHIZATRIK Foundation

Summary

OBHIZATRIK seeks to raise $30,000 to empower 100 women entrepreneurs in Bangladesh through a microfinance program. This initiative will provide small loans to women to start or expand their businesses, fostering economic independence and community growth. The revolving fund is designed to support up to 500 women over the next five years, ensuring sustainable development and ongoing impact. Your contribution will directly aid in creating stronger, more resilient communities by empowering women.

$30,000
total goal

$29,960
remaining

1
donor

0
monthly donors

1
year

Challenge

Women entrepreneurs in Bangladesh often face significant challenges due to a lack of access to funding to start or expand their small and medium enterprises (SMEs). Without financial resources, they are unable to purchase necessary equipment, stock, or materials, limiting their ability to grow their businesses and generate income. This financial barrier restricts their economic independence, making it difficult to support their families and contribute to community development. Additionally, the

Solution

OBHIZATRIK Foundation lacks the capital to start its microfinance program aimed at empowering women entrepreneurs in Bangladesh. By raising $30,000, we can initiate this program, providing small loans to women to start or expand their businesses, fostering economic independence and community development. This fund will help us launch the initiative, enabling us to support 100 women in the first year and up to 500 women over the next five years through a revolving fund.

Long-Term Impact

OBHIZATRIK's microfinance program will be profound and far-reaching. By providing initial micro loans to 100 women entrepreneurs in the first year, the revolving fund will continue to support more women over time, reaching up to 500 women in five years. This sustained support will enable women to build and expand their businesses, achieve economic independence, and uplift their families and communities.