Iranwo Foundation supported 20 women at Oke-ira, Ajah with 40,000 each as business loans over. These loans are collateral and interest-free and paid back in bit with the aim of ensuring the growth of their businesses.
Our beneficiaries are women who lead very small businesses that do not qualify for loans at financial institutions because they do not have collaterals, Moreover, the interest rate is not favorable for their business.
Among the recipient of these loans are women who were faced with domestic violence and they need a fresh start to life, mother’s whose children do not go to school, mother’s who couldn’t afford basic healthcare, and families whose standard of living is very poor.
We hope that with these loans, they will have increased personal income to take care of their basic needs.