Savings groups are providing independence and hope for women in Ethiopia.
For $20 a month, you can provide 1 share of the revolving fund needed to launch small business loans to savings groups.
For $20 a month, you can provide 1 share of the revolving fund needed to launch small business loans to savings groups.
Will you join us by becoming a THRIVE Partner?
Empowered women help their families THRIVE.The women in our target community have been enrolled in financial savings groups and will receive training on how to save their own funds, develop a business idea, and launch a small business. Meeting in groups of 12-15, these women provide support and loans to one another on a weekly basis. These savings groups give mothers the opportunity and support to find a sustainable path out of poverty.
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Meet Desta.
A mother of two young children, she is saving money for the first time as part of a women’s savings group. Her husband is a day laborer. Sometimes he finds work, but other times, he goes without work for up to two months. When he does work, he usually earns about $2.50 a day. Desta has cut expenses from coffee, salt, and household needs to contribute roughly 18 cents to the savings group each week. She is learning from others in the group, who have been able to buy sheep and goats to generate extra income for their families, and is very encouraged by their success. The savings group will help Desta save for her children’s education and medical needs. This Mother’s Day, we’re honoring mothers like Desta. |