Immara hope foundation will on the 15th may launch the shepower menstral cup you are invited to be part of the great project launch
On the 27th June 2022 Immara hope foundation will be empowering women from various groups with start up amount of money for their small businesses
Promoting menstrual hygiene among vulnerable school going girls in rural Zambia is one of our core programs in the foundation. A number of these vulnerable girls come from families that live on less than one dollar a day hence can’t afford to purchase a tampon (menstrual pad) on monthly basis as their parents earn seasonal income after selling their farm produce once every year and are not in any form of employment.
Due to lack of resources to purchase tampons monthly, the girl child attendance and performance to schools has been affected as some have to wait until the menstrual cycle comes to an end that’s when they return to school. This has also increased the number of drops outs in various schools and it has been regarded as one of the root causes of early marriages in Zambia. This has affected the girl child tremendously. Other girls have opted to follow traditional ways to curb down the problem where they use unsterilized materials as menstrual tampons which possess a huge danger to their virginal health.
In promoting menstrual hygiene amongst the girl child, the foundation has come up with a prototype project of distributing reusable She Powher Menstrual Cups, cups with a life span of 10 years. This has been a welcome project in most schools and it has increased the girl child attendance and performance. From the start to date Immara Hope Foundation has given out about 140 she powher cups.
According to the World Bank a quarter of the world’s population of people living with hunger lives in Africa. In Zambia 60% of women live in extreme poverty with the highest rates affecting female headed households. This has led to hunger, malnourishment, sex work and other illicit behaviors to sustain their life. While access to funding to provide start-up capital for micro businesses that generate income can greatly reduce the women’s exposure to chronic poverty.
Immara Hope Foundation; provides collateral free low interest group guaranteed microloans, loans with simplified paper work and affordable loan processing fees. The Foundation makes collateral free loans at risk-adjusted market rates of $20 to $45 dollars at interest rates of 30-35% and fees of 0.8 cents charged on each loan. The loan duration is 8 weeks.
All customers require a co-signer and character references for loan approval, creating a circle of trust for lenders. We have a unique repayment strategy; which allows women to pay a $1 dollar on a daily basis, reducing stress that comes when repaying the loan monthly. This leaves customers with enough capital to run their business. This strategy has helped as to attain market positioning.