By Jeannie Balanda | Executive Diretor
One of MayaWorks' niche product lines includes our yarmulkes and prayer shawls that our artisan partners create for the Jewish community. Nobody has taken better advantage of our micorloans to create judaica products than Lila. Lila recently paid off a microcredit loan that she used to purchase looms that would allow her to create "tallitot" or prayer shawls. And now she's at it again! Lila is applying for a new loan to purchase a loom that will allow her to make tallitot that are double the size of the ones she makes now. This means much more income for Lila.
Lila says she has benefitted from her microloans more than she imagined. She's expanded her home to include a second level, purchased cows and rabbits that she breeds and sells for profit and even helped to pay for her son's wedding. She knows that smart management of her loan means the ability to leverage her earnings to invest in larger projects. An added benefit of a successful microloan project: Women in her community see Lila as a role model!
At MayaWorks we are always eager to see what Lila will do next and don't hesitate to approve her microloan application because we are confident Lila will manage a successful income generating project. Thank you to Global Giving donors who support our microcredit loan program.
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