This project will provide small grants or loans (free or low interest) to women pursuing small businesses of their own. The awarding of loans and grants will be based on established small businesses or clearly outlined new ideas. The impact of this project is that women will be empowered to become self-reliant and self-sustaining. It gives them the financial independence that they rightfully deserve. Additionally, there are added opportunities for employment opened.
Globally, women make up 50 percent of the global population, 40 percent of the global workforce, yet only own about 1 percent of the world's wealth. Empowering women is crucial to a thriving society. More than 60% of married women who are employed and earn cash make independent decisions on how to spend their earnings. Jumuiya Women Fund believes that by offering women basic business skills training and the financing to put their skills into action, they are able to start their business
Jumuiya Women Fund has been working to empower women with the financial literacy and microloans they need to start up and scale up their small businesses. This has resulted in the transformation of families and communities as women are first able to feed their children each day, then pay their school fees to ensure their sons and daughters alike get the education their mothers never had, and even build new homes. This project will extend that opportunity to 550 more women living in deprivation
This project empowers women to become self-reliant and self-sustaining. It gives them the financial independence that they yearn for and rightfully deserve. Also this project is about more than economic development: it's about advancing human dignity. Women take pride in being able to send their children to bed well-fed, in a decent home each night, and then off to school clothed in proper school uniforms each morning.
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