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Women Empowerment Project (WE Project)

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The Women Empowerment Project (WE Project) empowers women with the skills and capital to develop and increase valuable livelihood activities that improve their overall financial wellbeing and socio-economic empowerment.

WealthyGen establishes sustainable livelihood activities for widows who are struggling to feed their children and fight poverty after the loss of their husbands. In many countries, these widows face a lot of abusive practices. Sometimes, they face degrading and life-threatening burial rites. Most times, they lose their properties and other inheritance. Some are associated with witchcraft, stigmatized, and even ostracized. These are some of the major barriers these poor widows face in their socio-economic empowerment.

 

The Problem

Nigeria has now overtaken India as the country with the largest number of impoverished people, with approximately 87 million Nigerians living in extreme poverty, according to a 2018 report by the Brookings Institution. Of those living in poverty, around 15 million are widows (FIDA, 2015). Many can barely afford a single meal a day, leaving their children malnourished and vulnerable to diseases. Without financial support, they often go hungry and are forced to withdraw their children from school.

The Solution

WealthyGen provides better life for these widows by establishing sustainable livelihood activities for them. The WE Project has four components:

Financial Literacy: At the core of our WE Project is enhancing the financial literacy skills of the beneficiaries to increase their financial capability in knowing and understanding how to use financial services and make informed financial choices.

Financial Inclusion and Support Fund: In collaboration with local financial institutions, WealthyGen assists the participants to choose and open a savings account and assess any other financial products that meet their needs. WealthyGen also provides support fund, which is deposited into the account for them to begin to practice their financial literacy skills of using financial services and managing their money. This support fund also puts food on the tables of these widows and their children for the first one month to allow the business to take off successfully.

Enterprise Development: WealthyGen supports the participants with financial capital necessary to develop and increase valuable livelihood activities that will improve their overall financial wellbeing and economic empowerment. Building upon the financial support, beneficiaries would be equipped with money management skills to properly use the capital efficiently and grow their businesses.

Potential Long-term Impact

When we empower a woman, she is better able to support and empower her family, give her kids sound education, and break the cycle of poverty. The WE Project benefits the women, their children, their entire families, and the society at large.

Empower a Widow

You may choose to provide empowerment for a specific widow in our project.
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Past Projects

We are happy to share our success stories! WealthyGen successfully empowered these widows.
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