May Impact 2016

Page 1

IMPACT MAY 2016

Shammi’s son Sadaf is a former sponsored member of Unbound in Allahabad, India. Though Sadaf is no longer sponsored, Shammi continues to participate in a tailoring livelihood initiative she started with other mothers who are part of the Unbound program.

INGENUITY

CELEBRATING MOMS AS SUCCESSFUL ENTREPRENEURS In the past decade, Unbound has

recognizing the accomplishments of

mothers in the group contribute a

promoted the formation of small

mothers whose children are sponsored

small amount each month, typically

groups of parents and guardians,

through Unbound. Shashikala is

$1 to $2, which is then matched by

mainly mothers, in our programs

one of the mothers recognized as a

Unbound. From this pool of funds the

around the world. Through the

successful entrepreneur.

mothers are able to take out loans and

small groups, mothers are building

Shashikala’s son Arun was

confidence in their own abilities to

sponsored in 2008, and Shashikala

improve the lives of their families.

joined a local mothers group to

Today, more than 77 percent of

repay them with a small amount of interest, decided upon by the group. When her son was first sponsored,

represent her family. Since then, she

Shashikala’s husband owned a barber

sponsored members are represented

has become a leader in the Gayathri

shop in their village, so the first loan

in the more than 10,500 small

mothers group and has utilized

she took from the group was so she

groups that have organized in the 20

loans from the group to improve her

could take a beautician course.

countries where we work.

family’s situation.

In Hyderabad, India, staff at the Unbound office make a practice of

Mothers groups in Hyderabad take part in a microloan program. All the

Unfortunately, the barber shop didn’t last because the government needed the land it was built on. With


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