TECH Outreach Malaysia is launching Phase II of its Savings and Credit Scheme for Women Headed Households in Nepal. Following the success of our first pilot project, where we disbursed microcredit loans to 17 women and saw significant impact in their lives, we are raising RM40,000 to assist another 20 women break the poverty cycle. Please support us generously! This is a loan that will be repaid to you by March 2019.
We first went into Nepal in May 2014 with the microcredit scheme. The 17 women that were selected for the loans had made tremendous progress. They repaid the loans on a weekly basis over a period of 18 months, at 0% interest. The women started small businesses involved in tailoring, food stall, tea shops, vegetable stalls, cosmetics, jewellery and handicrafts. We conducted an impact study in September 2015. The results were amazing, as the women who were once helpless and dependent on handouts, were now running their own businesses, faced with "real" business issues such as marketing, sourcing for customers, keeping their accounts and repaying their loans.
Most of these women are either war widows or separated from their husbands, and have young children to support.
The Story of Anu Tamang
When TECH Outreach first met her, Anu was separated from her husband for 4 years and lived with her 3 children in a rented single room in a remote monestry in Kathmandu. She was working as an ad-hoc construction worker, while her 9 year old daughter took care of the two younger siblings. She could barely make ends meet and could not afford to send her children to school nor ensured they received at least one meal a day.
She received a small loan from TECH Outreach, of NPR50,000 (~MYR2,000) to set up a tea shop cum hotel. She was able to run her business while looking after her children. She worked very hard and ran the shop from 6am - 8pm. Business was good, and she was able to pay her bills, repay her loan fully and even start to save. The TECH Outreach team met Anu and her children again. Her kids looked happy and healthy. Seeing Anu's changed circumstances and demeanor was an inspiration to all in the team!
Help us empower more women like Anu to build a better life for themselves and their families!