Dear Power of Love Friend: As Zambia enters the early summer months and temperatures start to rise, power cuts have become normal and economic conditions remain challenging. The dearth of rainfall has restrained agricultural and hydro power output since the beginning of 2019, and pushed up inflation to a near three-year high.
Knowledge of business skills is critical to business success
Micro Loans Transform Lives of Vulnerable Women
Dear friend: Happy September! Today we would like you to meet Amy, who inspires us every day with her can-do attitude and her willingness to work hard. Amy is the sole caregiver for five children and four other family members. She enrolled in our micro loans program in 2018 when she received business training and a loan.
The mechanics of our micro loans program are as follows:
In March 2019, 209 new women were provided with a four-day business training. These women replaced the women who graduated earlier this year. This implies that in the first three months of 2019, 209 new businesses were started, and the 209 graduates are continuing to run businesses in the community.
In 2018, generous donors helped provide new loans, business training, refresher training, and on-site business mentoring to 400 women entrepreneurs in Zambia. These program activities resulted in a huge and sustained impact on hundreds of vulnerable women and children in a resource poor community in Lusaka, Zambia.
A lot of Good Things Happened in 2018
You Are Empowering Vulnerable Women
Training in Business is critical to success
In 2017, generous donors such as yourself helped raise more than $30,000 for Power of Love's micro loans program in Zambia. These funds were used to provide new loans, business training, refresher training, and on-site business mentoring to 400 women entrepreneurs in Zambia.
