Why Invest in Women?
"When more women work, economies grow. An increase in female labour force participation—or a reduction in the gap between women’s and men’s labour force participation—results in faster economic growth." - UN Women
"Evidence from a range of countries shows that increasing the share of household income controlled by women, either through their own earnings or cash transfers, changes spending in ways that benefit children." - UN Women
"It is calculated that women could increase their income globally by up to 76 per cent if the employment participation gap and the wage gap between women and men were closed. This is calculated to have a global value of USD 17 trillion." - UN Women
In 2016, TVL conducted a pilot program for micro-financing within a select group of women in the village of Golu. The result yielded more impact than expected.
Hassanatu Fillie is one of the recipients of our micro-financing pilot program and we're delighted to report that our $60 investment has successfully turned into a small business. Each week Hassanatu makes and sells soap and popular street desserts called "King Driver" cakes at the local market. Each week she is able to make enough to feed herself and family. Owning her own small business makes her feel independent and happier knowing that she can not only provide for her family but she doesn't have to rely on anyone else to help her family gain access to basic needs.
Sponsor a woman
Are you interested in sponsoring a woman or young girl in Golu? If so, get in touch with us and we'll let you know how.