Micro Financing - May 2015 update

Posted in VPM In The News

USD 1,500 was given as Islamic loan to this widow in Gaza Strip It has changed her life. She is highly skilled in knitting woollen garments. With the loan she bought some wool balls, and started knitting kids clothes. She promoted it to Palestinian families in Gaza Strip who bought them for their babies. After 3 months she attracted a lot of customers who bought her woollen clothing selection. She now makes USD 300-350 per month. Alhamdulillah! This is one of 50 micro-credit project funded by VPM in collaboration with Rowad Society for social development.

Below is a link to an article that was published in Al Monitor – The Pulse of the Middles East newslatter on VPM’s Islamic loans given to women in Gaza to help them to survive poverty:

http://www.al-monitor.com/pulse/originals/2015/05/palestine-female-headed-families-good-loans-poverty.html#

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