Empowering Women in Nepal through MicroCredit.

Our past programs have proven that one small loan can change a family.  Several loans can strengthen a community and Thousands of small loans can transform an entire Village.
 
With the Rotary International’s $95,000 matching grant, Rotary club of Branchburg and Rotary club of Mahabouddha in Nepal, is changing many peoples lives in Nepal.  With a small $500 loan can buy a new tool, a machine, or a shop in the marketplace—millions of the world’s poor and low-income people have taken advantage of small loans to improve their lives. Over the past three decades, people have used these loans, known as Micro Credit, to launch new enterprises, create jobs and help economies to flourish. Poor people have proved time and again that they are able to repay these loans on time.
 
What is it? 
The Asha Project’s Micro Credit program is founded on a novel idea that education and financial support, not charity, provides the surest way out of poverty for poor families, Rotary Districts 7510 USA and 3292 Nepal in collaboration with the Friends of Nepal- NJ established the
“Legacy of Hope Micro Credit Project” to provide Nepal earthquake victims with $100,000 worth of micro credit loans. As a result, these people will gain knowledge and a source of income for themselves and their families.
 
The micro credit project has been empowering and providing hope for hundreds of people in Nepal to take control of their lives, improve their family’s standard of living and provide what every family wants for their children — hope for a brighter future through better nutrition, health care and most importantly education.
Our Rotary clubs are working on various ways to alleviate local poverty, one of which is to provide loans for disadvantaged people. Micro loans are powerful instruments for reducing poverty by enabling people to increase income and reduce their vulnerability to economic stress. Micro loans are also a powerful catalyst for empowering women.
 
For the past ten years our project  has helped to provide loans to more than 500 families.  The Branchburg Rotary is providing real hope and opportunity for a better future for the people of Nepal.  If you like to learn more about the project, please contact Past District Governor Dr. Tulsi Maharjan at trmaharjan@gmail.com  

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