This project empowers women to care for themselves and their families through revolving loans in an area not being served by other microcredit organizations. It provides women with credit to start businesses and increases their ability to support their families, especially in a country with the world’s highest HIV/AIDS infection rate. It directly addresses the importance of agricultural communities to begin seeking other income sources as Swaziland continues to suffer from a drought.
Imbita offers three main programs and services: savings, loans and training. Imbita requires that all women who receive loans attend training sessions on cash and credit management, budgeting, marketing, pricing and record-keeping.
Imbita promotes a culture of savings and requires 20 malanga ($4) per month as minimum savings per woman. This has helped women save for their children’s school fees, and for seeds and fertilizers needed in planting season.
Project Leader: Meredith Allred
Thanks to 13 donors like you, a total of
was raised for this project on GlobalGiving.
Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.