Micro Loans Transform Lives
The Greater Contribution’s micro loan program provides the opportunity for already hardworking women to improve their lives and the lives of their families. With a small business that has sufficient capital, the women earn an increased and sustainable income, which has a substantial impact on their families’ health, nutrition, education, and housing.
Sharifa, a 24-year-old, mother of two, had tailoring skills, but living in rural Uganda, she had no access to capital to use her valuable skills to make a living. When she received a micro loan from The Greater Contribution, she was able to purchase fabric in bulk, allowing her take on larger orders. Her skill and hard work are now being rewarded. She earned a contract with the local school to make their uniforms, increasing her income significantly.
Sharifa understands the value of an education to her children, so with the profits from her growing business, her first priority was to place her oldest child in a better school. She was also able to purchase a bunk bed for her two children. A small loan has already made a big difference!
Margaret’s is a story of triumph over tragedy. A widow with four children, Margaret lost her husband during the bloody civil war in Northern Uganda. To protect her family, she was forced to flee her ancestral home with her four children and her mother. She relocated in the town of Jinja. As an internal refugee with no husband, no permanent home, and no job, she struggled to support her family. To make matters worse, her mother became blind from illness, making her the sole support for her family of six.
Margaret joined a local women’s support group called Pit-tek Women. The Pit-tek group connected her with The Greater Contribution’s micro loan program. She received her first micro loan in June of 2013. She began a business of selling beverages in Jinja. Within a year, she increased her income and savings four-fold. Like many people displaced, Margaret must rent sub-standard housing in Jinja. Therefore, Margaret’s first priority has been to build a new home for her family. Having significantly increased her savings from her new business, Margaret is on her way to providing that new home for her family.
Are you ready to transform a woman’s life with a micro loan?