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 | Nov 7, 2016
She's Making Dignity a Family Tradition

By Nermien Riad | Executive Director

Ireney is showing her kids how hard work pays off.
Ireney is showing her kids how hard work pays off.

Ireney doesn’t seem to know the meaning of the words “take it easy,” which may explain how she’s built her business into a source of family pride and dignity.

You last heard about Ireney in 2014, when I visited her in Samalout. She overwhelmed me with hospitality then, and things hadn’t changed a bit around her livestock feedstore when I saw her this summer.

Except – that’s not strictly true. Since I last saw Ireney, she’s converted her hard work, intelligence, and B’edaya loans into more progress. She has expanded her line of animal feed, flour, and fertilizer.

There in the cool, cavernous “warehouse” that’s connected to her home, she meets customers and neighbors, closes her deals, and does one more extremely important thing: she passes on her values.

Ireney is very clear: She wants her kids grow up to be hard-working in their lives and occupations. To that end, she’s begun involving her young son in accounting and helping her with the business.

It’s important for her kids to have role models, because they’re already missing one. Ireney’s husband passed away many years ago, so her guidance is all the more crucial.

Together with a specially trained Coptic Orphans volunteer — a Church-based “Rep” who comes recommended by his bishop — she’s putting her children on the path to a quality education and solid values.

Ireney’s success demonstrates what widowed mothers can achieve with access to this type of microcredit initiative. Her goal is to grow her business because "the more I can buy, the more I can sell.”

B’edaya funds these women’s income-generating projects from the ground up until they become self-sufficient. Donations cover all aspects of the loan process from beginning to end, and the money is reinvested over and over to help multiple families.

But beyond this, there is the foundation that’s being laid for a new generation. B’edaya mothers model the behaviors that give their family dignity and their children the keys to success.

To those who’ve never been there, it’s hard to grasp what Ireney is overcoming. In Samalout, and in Upper Egypt in general, traditions severely limit widows. Many end up taking charity for life.

But Ireney is breaking this mold, with your help. Two years from when I last visited her, she’s going strong. Her kids can see it, and you can feel it — in her manner, in her frequent laughter, in the prosperity of her household.

And it’s not only her household. In March, Coptic Orphans held ceremonies around Egypt honoring 42 widowed mothers. They received a total of LE243,500 (US$27,400) in microloans for their income-generating projects.

All of us at Coptic Orphans see these mothers as heroes. By God’s grace, and through your generosity, we’re honored to provide them with both microloans and coaching in entrepreneurial skills to develop their inborn perseverance, ingenuity, and business-savvy.

This is a great blessing to be part of, and the Coptic Orphans family is grateful that you’ve chosen walk with families like Ireney’s.

* The name of the B’edaya participant has been changed in this instance to protect her privacy

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Organization Information

Coptic Orphans

Location: Merrifield, Virginia - USA
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Project Leader:
Nermien Riad
Merrifield , VA United States

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

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