Support to Sustaining Low Income Women's Businesse
By didem demircan - Coordinator
After our last report on August 3rd, the restrictions imposed due to the pandemic by the Turkish government were relaxed. State did not provide any economic stimulus for the micro and small enterprises or self-employed except for postponing tax payments and providing loans. With the increasing numbers of people infected by Covid-19 since August, the government once again introduced restrictions, without any support to small and micro entrepreneurs. Hence, the micro loans KEDV provided for women entrepreneurs became even more important.
Thanks to our donors through GlobalGiving since August 2020, we were able to continue our micro lending activities to low income women. With the donations made in the past 4 months, KEDV was able to give micro loans to 9 more women. Their businesses vary from selling cosmetics to sewing clothes, selling women’s clothes, kitchenware, knitting, producing curtains, running a hairdresser shop, grocery store. The women were able to sustain their businesses, buy products for their shops and materials and machinery for their productions with the help of the loans.
Since June 2015, KEDV raised a total of USD13.000 through GlobalGiving. We still have a long way to reach our target of USD 70.000 to be able to support 200 low income women entrepreneurs and the need is even more as a result of the economic and social impacts of the pandemic. We would be grateful if you could continue to spread the word and share the project link in your networks.
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