Microloans for Women in Swaziland
More Information About this ProjectProject Needs and BeneficiariesThis project empowers women to care for themselves and their families through revolving loans in an area not being served by other microcredit organizations. It provides women with credit to start businesses and increases their ability to support their families, especially in a country with the world’s highest HIV/AIDS infection rate. It directly addresses the importance of agricultural communities to begin seeking other income sources as Swaziland continues to suffer from a drought. ActivitiesImbita offers three main programs and services: savings, loans and training. Imbita requires that all women who receive loans attend training sessions on cash and credit management, budgeting, marketing, pricing and record-keeping. Funding InformationTotal Funding Received to Date: $1,208 Funding InformationThis project is now in implementation and no longer available for funding. Received funds will be used to accomplish concrete objectives as indicated in the project's "Activities" section. Updates will be posted under the "Progress Report" tab as they become available. Donors' contributions and pledges to this project totaled $1,208. The original project funding goal was $50,000. Additional DocumentationThis project has provided additional documentation in a PDF file (projdoc.pdf). ResourcesWhy this Project is ImportantPotential Long Term ImpactImbita promotes a culture of savings and requires 20 malanga ($4) per month as minimum savings per woman. This has helped women save for their children’s school fees, and for seeds and fertilizers needed in planting season. Project Message
"Joining [Imbita] has fulfilled my desire to help women have loans so that they can help themselves. Being entrusted with a loan is a transforming moment for the majority of our clients." Who is Running This ProjectContact
Meredith Allred, Project SponsorOrganization
Learn more about Imbita Swaziland Women’s Finance Trust and the project team. Where this Project is LocatedCountry
This project is located in For more information about Swaziland, read the Human Development Report on Swaziland or the Wikipedia entry for Swaziland. When this Project was UpdatedDate Added to GlobalGivingThis project was added to the GlobalGiving project catalog on June 01, 2006. How Else You Can Help |
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Swaziland
Economic Development



