Give Microcredit Loans to Women in Bosnia
Loans for Bosnian women
Summary
Women for Women International’s Microcredit Lending Program in Bosnia provides small business loans to women survivors of war so they can move from victim to survivor to active citizen.
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Received $21,077 from 88 donations from people like:
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More Information About this Project
Project Needs and Beneficiaries
With a current unemployment rate of approximately 40% for the country overall, and 45% for women, very few formal sector employment opportunities exist for women in Bosnia and Herzegovina. Coupled with an extremely high rate of social isolation, women more than ever need substantial support to build social networks and become active members of their communities. Creating immediate and long-term economic opportunities for women has a proven stabilizing effect on the country and the economy.
Activities
Women attend business classes, write a business plan and receive a loan to launch a small business. After receiving the loans, women meet monthly with a loan officer to make payments, receive training and discuss business strategies.
Funding Information
Total Funding Received to Date: $21,077
Remaining Goal to be Funded: $978,923
Total Funding Goal: $1,000,000
Additional Documentation
This project has provided additional documentation in a Microsoft Excel file (projdoc.xls).
Resources
Why this Project is Important
Potential Long Term Impact
To rebuild communities, women need the economic resources to support their families. Women launch businesses that provide the resources to feed their families, build homes and send their kids to school -- building stronger, more peaceful nations.
Project Message
"We made some profit and bought a vehicle. We used it to transport produce to the market. Then we turned it into a mobile market. We had permanent customers and business was growing."
- Envera, Microcredit client in Bosnia and Herzegovina
Who is Running This Project
Contact
Shannon O'Donnell
Online Marketing Manager
4455 Connecticut Avenue, NW
Suite 200
Washington, DC 20008
United States
202-737-7705
Email:
Project Sponsor
Organization
Women for Women International
4455 Connecticut Avenue
Suite 200
Washington,
DC
20008
United States
202.737.7705
http://www.womenforwomen.org
Women for Women International's Current Projects on GlobalGiving
Women for Women International's Funded Projects on GlobalGiving
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![]() Help Rwandan women learn to farm, support families |
Where this Project is Located
Country
This project is located in
Bosnia and Herzegovina
and can also be found under
Economic Development.
For more information about Bosnia and Herzegovina, read the Human Development Report on Bosnia and Herzegovina or the Wikipedia entry for Bosnia and Herzegovina.
When this Project was Updated
Last Updated
This project was last updated on May 13, 2009.
Date Added to GlobalGiving
This project was added to the GlobalGiving project catalog on December 22, 2006
Latest Update from the Field
New Defenition of a Business leader
By Shannon Madlin - Online Marketing Manager, April 18, 2009 05:27 PM
Links:
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