Wolfgang Fernandez https://nextstepnow.org/wp-content/uploads/2017/11/next-step-2018-logo3-300x138.png Wolfgang Fernandez2014-12-12 05:02:212014-12-12 05:02:21Our first graduating class
Our first graduating class
These 14 ladies have worked hard, been careful how they manage their resources, and been faithful in paying back their first $100 loan, then their $200 loan, and now after a good year of effort they are receiving their third and final loan of $300. Their achievement is quite special and sets them apart as models of entrepreneurship among our community of 1,138 members.
For this special occasion, we had with us Sacha Huijsman a Micro Lending expert from the Netherlands who pointed out that a MicroLoan enterprise such as ours is usually developed by institutions and not individuals. She encouraged us by affirming our best practices procedures.
It is all about people who truly care for others. Our founder Ibu Sora cared enough to reach out to those who were different than her, yet shared a common need to live in dignity and raise their children to be people that do good.
I had the privilege of meeting Ibu Marcona of Desa Katang Rejo. She decided to use her first loan to support her husband’s vegetable
business. It was a good investment and she was able to pay her loan on time.
While working with him, she noticed that there was an opportunity for making Tempeh, a healthy soy bean snack that everyone loves. She started selling it to resellers who loved her product. She applied for and received a second loan of $200. The additional cash enabled her to make about 1 kilo per day. Her Tempeh was so good that soon, she had demand for up to 6 kilos per day!
She now has received her third loan of $300 and she will continue to grow her business, employing a couple more ladies to increase her production. Ibu Marcona is but one example of the 14 stories these ladies lives represent. Her two children are going to school and have the blessing of eating well and living healthy.
Our dream is to see our current clients grow and fully develop their skills and business acumen. In doing so, their families gain dignity and respect for themselves as they are lifted from the endless poverty cycle. In turn, they enhance the quality of life and the economy of their communities, creating a more just existence for all.
We have 1,000 new ladies ready to start this process. Each one of them needs $100 to start their business and change their lives.
We aim to raise $100,000 to make this happen. Will you join us and give through Next Step? Your gift will be solely used for the ladies of Medan.