These are some of the beautiful faces of the hard-working businesswomen in the WMI loan program. Sylvia is a 65 year-old tailor who has used her profits to buy farm land and 2 small store front shops that she rents out – she is planning for her retirement!
At 47, Lydia has a booming business buying and reselling charcoal. She has managed to build a permanent house and is paying University tuition for her 2 older children, as well as senior school fees for her 2 younger children.
Rose makes and sells mandazi (delicious doughnuts) at schools and in the market. She is currently building a permanent house and has just ordered another load of bricks for it.
These ladies are making between $1,000 – $3,000/year, which is terrific income in a country where school teachers start at $75/month and bank clerks at $200/month! Give a rural African woman a loan with training and she will turn it into a profitable business!