Micro Loans For Women Impacted by HIV/AIDS, Zambia

by Power of Love Foundation
Play Video
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Micro Loans For Women Impacted by HIV/AIDS, Zambia
Nov 17, 2020

Business Training and New Loans Provided to First Time Women Entrepreneurs

Women participating in a business training session
Women participating in a business training session

With your support, this project continues to benefit more than 3,500 vulnerable women and their families in Zambia. In 2020, new loans, business training, and education was provided to more than 500 vulnerable women impacted by HIV. In addition, the women received education on COVID prevention, and PPE (masks, hand sanitizers, soap). 

Program activities: Last month, 143 women received business training and loans to start businesses. The training is participative, hands on, and in the local language as most women have never been to school and many do not know how to read or write. Training (including PPE) was provided is a safe manner to prevent the spread of COVID. After completion of training, the women are provided with loans to start businesses. These newly minted entrepreneurs are now applying the business principles learned during training. Each woman will receive a total of three consecutive loans, and ongoing business mentoring. Earnings from these businesses help the women pay for food, rent, medicines and school.

Program Impact: As the women are supported through the three loan cycles, there is an improvement in the health of families, more than 800 children are attending school, and the women start saving and building assets. With a regular source of income and improved health for the whole family, the women feel empowered and families are more financially sustainable. The impact of program activities is illustrated by stories of two women given below. Both women received business training and loans last year and are on track with loan repayments. Earnings from their businesses help pay for food, medicines, rent and school. Also, both women are more financially literate and are building assets. 

Patty (not her real name) is the sole caregiver for five children and three orphaned nieces. Her household consists of 10 members and they live in a three-room home. She was facing considerable challenges in taking care of her family as two of her nieces are HIV+ and her husband works part time. Before enrolling in our micro loans program last year, she was operating a fruit stand. After receiving business training and her first loan, Patty added eggs, soya, peanuts, kapenta (dried fish), and other grocery items to her store. Her business is doing well, and she is on track with repayments. Earnings from her business help pay for food, rent, medicines, and school expenses.

Katie (name changed) is the sole caregiver for her five children, and three orphaned nieces/nephews. She is an independent woman and refused support from her relatives. Her husband left a sewing machine when he died a few years back. She is a skilled seamstress but did not have funds to purchase material. After enrolling in our micro loans program last year, she purchased material for school uniforms. Katie is on track with repayments on her first loan. Her plan is to save more, so that she can buy additional fabric to start stitching and selling Chitenge (a Zambian skirt).   

Thanks for giving vulnerable women an opportunity to become successful entrepreneurs.

A happy business owner
A happy business owner
A Proud salon owner
A Proud salon owner
Depositing savings at a mobile bank
Depositing savings at a mobile bank

Links:

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

Power of Love Foundation

Location: San Diego, CA - USA
Website:
Facebook: Facebook Page
Twitter: @Power of Love Foundation
Project Leader:
Alka Subramanian
Founder/Director
San Diego, CA United States
$27,578 raised of $40,000 goal
 
336 donations
$12,422 to go
Donate Now
lock
Donating through GlobalGiving is safe, secure, and easy with many payment options to choose from. View other ways to donate

Power of Love Foundation has earned this recognition on GlobalGiving:
Add Project to Favorites

Help raise money!

Support this important cause by creating a personalized fundraising page.

Start a Fundraiser

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.