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Project: Income Generation for Low-Income Women in Nepal
Access to income-generating opportunities is extremely rare for women in rural Nepal, yet the Educate the Children model, with its revolving loan fund and comprehensive education and training program, has proven successful in increasing women's access to capital in rural and urban Nepal. To date, the group has been so successful that over twenty new women's groups in Nepal have formed spontaneously in order to start their own projects. ETC provides women with training in bookkeeping, loan disbursement, interest collection and use of individual saving cards. Women borrow funds from the revolving loan fund for micro enterprise income generation projects, either individually or in small groups. The revolving fund, as of December, 2000, contained NPRs. 1,799,197 (US $25,702), a spectacular sum for low income women to control in such a poor country. A women may use the loan to purchase a female goat, and when the goat has kids, these are sold to repay the loan. For most of these women, it is the first time they have had money or anything of value of their own. The income generated by the women is used to meet family needs and serves to increase women's status within the family. ETC's theory of change assumes that women must acquire basic literacy skills as a first step toward income-generation. The ETC literacy course serves to bring the group together, and teaches the illiterate members basic reading, writing, and math skills that are put to use as they run their own groups and keep track of group finances. Three Guineas made a grant of $7,500 per year for two years to ETC, based on their proven track record. For more information on this project visit www.etc-nepal.org, call (607) 272-1176, fax (607) 275-0932, or write to the following address:
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