Financial Inclusion in Egypt - Empower 8000 women

by Coptic Orphans
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women
Financial Inclusion in Egypt - Empower 8000 women

Project Report | Dec 13, 2013
It begins like this

By Carolyn M. Ramzy | Program Manager

B'edaya Bird
B'edaya Bird

 

 

“I will buy 100 hens that weigh 1KG, two sacks of corn and five drinking containers. I will let the veterinarian [oversee] my poultry but I will buy the medications. The hen lays eggs after two months so I will have at least 50 eggs every day. I will sell the eggs for 25 EGP per day. That is 750 EGP per month. [My family] Mariam and Samiha will help me and I will sell the eggs to the merchant.”     ----Ekbal

It begins like this: a dream, a plan. In their applications to our B’edaya Program, each mother outlines her project idea. She imagines the kind of change this small business will bring to her life and the kind of support it will bring to her family. At Coptic Orphans, we empower each participating mother to bring her dream to reality: by providing an interest-free, micro-finance loan and helping her to develop a sustainable form of income. As of this month, Ekbal’s project is underway. She has already purchased the chickens, their medicine, and containers for them to drink. She’s consulted a veterinarian. And, she has already separated the larger chickens from the smaller ones to protect them and elongate their life. Now she waits for them to grow, produce eggs, and finally, make a profit! It is a small beginning to another beginning.

In September 2013, Coptic Orphans began another 18-month cycle of the B’edaya Program. Despite security concerns and Egypt’s contemporary political turbulence, a total of 30 mothers have received their loan checks and started their businesses. In Upper Egypt, 12 projects are up and running; Middle Egypt boasts 9; and both Greater Cairo and Lower Egypt proudly host another 9 small businesses combined. The projects include a photography studio, a small upholstery services, 5 grocery kiosks, two beauty salons, and 6 others like Ekbal’s ambitious enterprise: raising small farm animals for profit.

All it takes is some seed money. That is it. And that is how change begins.

 

  

Share on Twitter Share on Facebook

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 can receive an email when this project posts a report. You can also subscribe for reports without donating.

Sign up for updates

Organization Information

Coptic Orphans

Location: Merrifield, Virginia - USA
Website:
Facebook: Facebook Page
X / Twitter: Profile
Project Leader:
Nermien Riad
Merrifield , VA United States

Funded Project!

Combined with other sources of funding, this project raised enough money to fund the outlined activities and is no longer accepting donations.
   

Still want to help?

Support another project run by Coptic Orphans that needs your help, such as:

Find a Project

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

Get incredible stories, promotions, and matching offers in your inbox

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.