By Carolyn Ramzy | Program Manager
“My husband use to have a photography studio together with his brother and I used to work with him. Now the brother wants to break up the partnership and open a new [studio] in a different city. He wants a sum of 4000EGP and the photography studio will only be for me.”
These were the words that widow Madame Nahed put in her Coptic Orphans Micro-Finance Project application. It was a simple plan to save her husband’s life work, and in September 2013, she was accepted for a loan and got her first check.
When our Area Program Manager met Madame Nahed two months later, she was busy. She was cutting the portraits of a young man, a customer she had photographed the previous day. As she handed him the neatly cut small square, he smiled and paid her the 10EGP ($1.44) before he was on his way. Around her, new equipment hummed: a new digital camera, an upgrade from her previous film camera, and a brand new computer screen.
While official data estimate that 16% of Egypt’s breadwinners are women, Mona Ezzat of the New Woman Foundation, says that independent sources put the figure closer to 30%. And these women brave a fierce economic market in Egypt today. Still, like Madame Nahed, so many are determined to beat the odds.
With the micro-loan from Coptic Orphans, Madame Nahed not only paid off her brother-in-law for complete ownership of the studio, but she also registered shop in her kids’ names. She even moved the studio to a better location, upgrading it with a new paint job to entice customers. Finally, she hung banners of her photographs outside of her shop as proof to her customers that she was up-to-date in her field, using programs like Photoshop. When the Area Program Manager asked her why she decided to apply for the loan, Madame Nahed replied that she was inspired because she saw an opportunity for herself to grow and to support her family. Despite the challenges --- a far commute from her home, a slumped market, and running the studio entirely along since her husband passed away four years ago--- she carries onward, forward, ready for the next customer.
By Carolyn M. Ramzy | Program Manager
By Hanan Baky | Communications Director
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