Micro Finance for Women in the Slums of Kenya:
Our mission is to facilitate sustainable community development through micro financing, educational programs, and the creation of opportunities for under served women.
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Our strategy is to provide women the tools necessary to build livelihoods for themselves and brighter futures for their families. Through micro credit loans and social capital building, extreme poverty issues are addressed enabling women to solve their own problems and make decisions for themselves. Our goal is to reduce poverty, while creating dignity not dependence.
Micro finance is recognized as an effective strategy for alleviating poverty and empowering women. It’s the promotion of small scale entrepreneurship by extending credit to the most impoverished, those who would normally not have access to traditional banking and lending institutions. Micro finance utilizes group lending, community participation, collective liability, and the desire for self-determination in its transformative process.
Stakeholder:Out of the 600,000 residents of the Kiwanda slum, we work with small groups of motivated young women struggling to uplift themselves from poverty. Our micro finance pilot program will target 60-80 young single mothers who live in Kiwanda. Many of the young women that will receive the loans became mothers in their early teen years. They are now responsible for raising children alone with minimal or no formal education, no financial resources, and little opportunity for change without your support.
Help empower a woman to uplift herself and family from poverty with as little as $100. Consider making a monthly donation by clicking the subscribe key below, or a one time donation using the donation key.