Recently, several representatives of WE had an opportunity to meet with Jackson Kaguri, the extraordinary individual whose efforts led to the establishment of the Nyaka Grannies Project in southwest Uganda. In 2014, WE contributed $25,000 to the project, committing to an additional $32,000 for 2015. The project provides access to credit to some 7000 grannies caring for 43,000 grandchildren orphaned as a result of AIDS.
Women's Empowerment will conduct a site visit of our Grannies Project in southwestern Uganda from July 20 – 24, 2015, and all WE members are welcome to join. The trip will include meeting with the Nyaka staff, visiting the Grannie groups and speaking with clients who have received loans and those who still need them. WE participants pay their own expenses for the trip. It’s an invaluable opportunity to see WE’s work in action, and
Microfinance programs offer poor people access to basic financial services, such as micro-loans, savings, training and micro-insurance, and is widely recognized as a just and sustainable solution to alleviating global poverty. Small loans - often less than $100 - are provided to poor women to start or expand businesses. Unlike commercial loans, no collateral is required. Instead, women borrowers form into groups, with each member guaranteeing the other members' loans.
Women's Empowerment (WE) is proud to announce a new partnership providing business loans to vulnerable women in Tijuana to help them start new businesses, through Via International, a service organization based in San Diego and dedicated to building "paths to self-reliance for an interdependent world." Via has successfully helped address community needs since 1975.
Women’s Empowerment is expanding its support of Honduran women by funding The Adelante Foundation’s pilot Secondary Education Loan program in Intibucá. This program is in response to clients’ requests to help them pay for the steep initial costs associated with attending middle and high school, including uniforms, books, supplies and even bicycles. The loans are made to women who have existing business loans with good credit records.
Among the clients taking advantage of this opportunity is Marcelina, a mother of four.Read more...