Micro Loans For Women Impacted by HIV/AIDS, Zambia

Power of Love's micro loans program provides multiple loans, business training, and ongoing support to vulnerable women in Zambia. The provision of training in entrepreneurial skills, three consecutive loans, and ongoing business support has been critical in building a community of women leaders and entrepreneurs. These women are running successful businesses, creating employment opportunities for others, and adding value for community members by opening stores that did not exist in their communities.

How do we grow leaders?: All program activities focus on increasing skills levels in the community and provision of entrepreneurial training and support to first time women entrepreneurs. In 2023 to date, 300 women received training in entrepreneurial skills and an additional 150 women will receive this training next month. The newly trained women own diverse  businesses such as vegetables/grocery stand, used clothing, used shoes, blankets, school uniforms, mobile banking booths, dress making, bed sheets etc. 

What next? Our goal is to train 800 women by the end of this year so that they are better equipped for business success. Please donate generously so we can increase skill levels in the community, grow women entrepreneurs, and keep children in school. 

Thanks for building a community of women entrepreneurs and leaders.

Links:

• Impact of our Microloans Program
• About our micro loans program
• Program mechanics and activities

Access to credit: Power of Love's micro loans program provides multiple loans, business training, ongoing training, and support to vulnerable women in Zambia. The provision of credit and ongoing support has been critical in building a self-reliant community of women who are running successful businesses and are able to take good care of their families.

Goals of our micro loans program are: (i) equip women with the tools they need to run a successful business, (ii) create conditions for social empowerment, and (iii) enable women to gather enough capital and savings so they can continue to run a profitable business even after graduating from the program. 

To achieve these goals, all program activities focus on increasing skills levels in the community and provision of entrepreneurial training and support to first time women entrepreneurs. Our team on the ground closely monitors more than 600 businesses operated by current loan recipients. In addition, our team members continue to advise the more than 2,000 women who have graduated from this program. Earnings from these 2,500 businesses benefit more than 18,000 family members, provide employment, and keep approximately 10,000 children in school.

What next? Over the next two months, 300 women will receive training in entrepreneurial skills so that they are better equipped for business success. After completion of business training, the newly trained entrepreneurs start businesses such as vegetables/grocery stand, used clothing, used shoes, blankets, school uniforms, dress making, bed sheets etc. In addition, the provision of ongoing business training, support, and loans result in sustainable families, and improved gender equity.

Thanks for building a community  of self-reliant women.

Links:

• About our micro loans program
• Impact of Our Microloans Program
• Clean cooking stoves for families to improve their health