Microcredit Marvels: Empowering Women

by Prime Educational and Social Trust
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Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women
Microcredit Marvels: Empowering Women

Project Report | Oct 21, 2019
Micro Credit Program for underprivileged women

By S.M. Arasu | Founder Director

Summary

The objective of this program is to empower 50 women to start or expand small businesses of their own by providing micro-credit loans or grants.

Challenge

It is impossible to bring people out of poverty trough charity alone. It is pertinent to empower them economically and make them self-reliant. In the patriarchal society, women face a wide range of challenges such as illiteracy, alcoholism, limited employment opportunities and predatory lending and the resulting debt-trap.

Solution

This project aims to provide small loans either free or with low interest to the women who are pursuing small businesses of their own. The award of loans will be based on established small business activity or to invest in a new activity. Requests are coming from many women for additional funding for expansion of their business.

Long-Term Impact

The outcome of this project is to make the women self reliant and self sustaining. By empowering them, they get financial independence that they rightfully deserve. The women are in a position to take a decision in her family. They will also have access to support systems and safety nets that they otherwise would not have within their own families.

Resources

http://www.primetrust.org
https://www.facebook.com/Primetrust.Puducherry
Twitter

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Jul 11, 2019
To help support women to get micro credit

By S.M. Arasu | Founder Director

Mar 8, 2019
To help support women to get micro credit

By S.M. Arasu | Founder Director

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Organization Information

Prime Educational and Social Trust

Location: Puducherry - India
Website:
Facebook: Facebook Page
Twitter: @Prime_Trust
Project Leader:
Savarinathan Maria Arasu
Puducherry , Puducherry India
$58,234 raised of $100,000 goal
 
799 donations
$41,766 to go
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