Featured EntrepreneurDecember 31, 2010
Despite providing over 70% of agricultural labor, women make up a mere 14% of the Zambian parliament. Female literacy is notably lower when compared to men, with only 64% being able to read in contrast to 82% of male literacy, notwithstanding huge gender issues in the country. The Zambian government recently enacted a law condoning violence against women.
It is against this backdrop of gender violence and social hardship that Esther is trying to forge a successful future for herself and her fellow Zambians by growing and expanding her already successful business through microfinance borrowing.
Esther runs a mobile money transfer business, earning commission from her customers’ transactions. With the microloan funded by joinFITE, she will be able to improve the services she offers to customers by employing an assistant. In doing so, she hopes to increase her profits to secure her own financial future.