Women are most affected by corona virus pandemic. And the worst affected are female-headed households. They are becoming even more vulnerable to poverty.
They are usually responsible for family obligations. Often they are also responsible for family income in many impoverished countries. In Zambia, women are responsible for feeding their families. They also contribute to 50 to 80% of the agricultural produce.
But there is hope. Access to start-up capital for a micro-business is a way out of poverty. Generating income can reduce women's exposure to chronic poverty.
Women lack assets to guarantee their loans. This is why they have no access to loans offered by traditional financial services. This cripples women's effort to become active and work their way out of poverty.
Thus Wilbelt offers collateral-free, low interest rates, group guaranteed micro-loans to these women. These loans help women create businesses that help them meet their basic needs such as food, shelter, health, and education.
Our program has shown a proven track record of success attested by clients; " Wilbelt gave me an opportunity I was looking for all my life! The staff took the time to listen to me and helped me develop a business plan, and record books. Today I have an account with MTN Mobile Money and all my four children in school because of the loan I got. May God bless the people behind Wilbelt Micro-finance." Josephine Banda. Beneficiary.
We are thus seeking good wishers to donate to this cause.