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Apasara's microfinance project
Apasara's microfinance project
Apasara's microfinance project
Name: Apasara Tamang
Country: Nepal
Financing: 100 €
Project: restaurant
How Apasara successfully builds her business:
Apasara received €100 in interest-free microfinance and invested it in buying a goat. She sold it and bought a buffalo, which was then sold to open a small restaurant. Apasara has been leading the microfinance groups in the village for four years. They have already been able to pass on the money they received several times.
Name: Apasara Tamang
Country: Nepal
Financing: 100 €
Project: restaurant
How Apasara successfully builds her business:
Apasara received €100 in interest-free microfinance and invested it in buying a goat. She sold it and bought a buffalo, which was then sold to open a small restaurant. Apasara has been leading the microfinance groups in the village for four years. They have already been able to pass on the money they received several times.
Name: Apasara Tamang
Country: Nepal
Financing: 100 €
Project: restaurant
How Apasara successfully builds her business:
Apasara received €100 in interest-free microfinance and invested it in buying a goat. She sold it and bought a buffalo, which was then sold to open a small restaurant. Apasara has been leading the microfinance groups in the village for four years. They have already been able to pass on the money they received several times.
The success story of Apasara Tamang:
The success story of Apasara Tamang:
The success story of Apasara Tamang:
Apasara Tamang lives in a small village in the Kavre district of Nepal. The first microfinance group was started there at the end of 2020. In the meantime, donations have already been passed on to three groups based on the KETAAKETI principle. A total of 40 women are benefiting from the initial donation that was originally launched, the "seed money", as it is called in Nepal.
Apasara is the head of the local mother group and therefore also the head of the microfinance groups. She herself received KETAAKETI microfinance and is now a successful businesswoman.
Apasara Tamang lives in a small village in the Kavre district of Nepal. The first microfinance group was started there at the end of 2020. In the meantime, donations have already been passed on to three groups based on the KETAAKETI principle. A total of 40 women are benefiting from the initial donation that was originally launched, the "seed money", as it is called in Nepal.
Apasara is the head of the local mother group and therefore also the head of the microfinance groups. She herself received KETAAKETI microfinance and is now a successful businesswoman.
Apasara Tamang lives in a small village in the Kavre district of Nepal. The first microfinance group was started there at the end of 2020. In the meantime, donations have already been passed on to three groups based on the KETAAKETI principle. A total of 40 women are benefiting from the initial donation that was originally launched, the "seed money", as it is called in Nepal.
Apasara is the head of the local mother group and therefore also the head of the microfinance groups. She herself received KETAAKETI microfinance and is now a successful businesswoman.
How did Apasara build her business?
How did Apasara build her business?
First she bought a goat. The goat had two kids and she sold all three goats. The €100 microfinance turned into €300 in income. With that she bought a buffalo - for around €150. After a year she sold it for €400. She reinvested the income and also used some money from her family: she opened a small restaurant in her house.
How did Apasara build her business?
First she bought a goat. The goat had two kids and she sold all three goats. The €100 microfinance turned into €300 in income. With that she bought a buffalo - for around €150. After a year she sold it for €400. She reinvested the income and also used some money from her family: she opened a small restaurant in her house.
The house is on the way to a famous temple. Her customers are mainly pilgrims on their way to the temple. On the way there, they usually tell her what they would like to eat on the way back so that Apasara can prepare everything. This means she makes a turnover of around 500 to 800 Nepali rupees (approx. €3.50 to €5.60) per day. On holidays, it can be significantly more.
In the past, Apasara spent a lot of time alone and in the house. She has no land of her own to cultivate, her children go to school, her husband leaves the house in the morning. This was the case for other women too.
After Apasara received interest-free microfinance, she became a real entrepreneur.
The house is on the way to a famous temple. Her customers are mainly pilgrims on their way to the temple. On the way there, they usually tell her what they would like to eat on the way back so that Apasara can prepare everything. This means she makes a turnover of around 500 to 800 Nepali rupees (approx. €3.50 to €5.60) per day. On holidays, it can be significantly more.
In the past, Apasara spent a lot of time alone and in the house. She has no land of her own to cultivate, her children go to school, her husband leaves the house in the morning. This was the case for other women too.
After Apasara received interest-free microfinance, she became a real entrepreneur.
First she bought a goat. The goat had two kids and she sold all three goats. The €100 microfinance turned into €300 in income. With that she bought a buffalo - for around €150. After a year she sold it for €400. She reinvested the income and also used some money from her family: she opened a small restaurant in her house.
The house is on the way to a famous temple. Her customers are mainly pilgrims on their way to the temple. On the way there, they usually tell her what they would like to eat on the way back so that Apasara can prepare everything. This means she makes a turnover of around 500 to 800 Nepali rupees (approx. €3.50 to €5.60) per day. On holidays, it can be significantly more.
In the past, Apasara spent a lot of time alone and in the house. She has no land of her own to cultivate, her children go to school, her husband leaves the house in the morning. This was the case for other women too.
After Apasara received interest-free microfinance, she became a real entrepreneur.
"I'm very busy taking care of everything. I'm focused on developing my business and would like to encourage others to do the same."
Apasara Tamang
"I'm very busy taking care of everything. I'm focused on developing my business and would like to encourage others to do the same."
Apasara Tamang
"I'm very busy taking care of everything. I'm focused on developing my business and would like to encourage others to do the same."
Apasara Tamang
What does Apasara hope for the future?
What does Apasara hope for the future?
What does Apasara hope for the future?
Apasara has plans: She wants to convert the roof of the small house into a roof terrace so that her customers can sit there. Her daughters are 11 and 13 years old and have to do their homework in the house. The customers sit in the house and this disturbs the children in their work. In the future, Apasara wants a separate area for her children and the customers.
Apasara has plans: She wants to convert the roof of the small house into a roof terrace so that her customers can sit there. Her daughters are 11 and 13 years old and have to do their homework in the house. The customers sit in the house and this disturbs the children in their work. In the future, Apasara wants a separate area for her children and the customers.
Apasara has plans: She wants to convert the roof of the small house into a roof terrace so that her customers can sit there. Her daughters are 11 and 13 years old and have to do their homework in the house. The customers sit in the house and this disturbs the children in their work. In the future, Apasara wants a separate area for her children and the customers.
What has changed for the women in the community after receiving microfinance?
What has changed for the women in the community after receiving microfinance?
What has changed for the women in the community after receiving microfinance?
In the past, the women did not have many opportunities to earn money, says Apasara. Her experience is that now that most of the women have bought goats, they spend a lot of time looking after the animals. The income they now earn motivates them to do more. For the first time, the women have a chance to build something themselves.
In addition, the other women also see the successful path she has taken and experience what is possible when you invest wisely. The other women in the group not only have goats, some also grow vegetables such as cauliflower or keep chickens, which they also sell.
The women in the community who have not yet received microfinance are very interested in this. Many also want to buy buffaloes and are watching very closely how the women who have already received microfinance work.
In the past, the women did not have many opportunities to earn money, says Apasara. Her experience is that now that most of the women have bought goats, they spend a lot of time looking after the animals. The income they now earn motivates them to do more. For the first time, the women have a chance to build something themselves.
In addition, the other women also see the successful path she has taken and experience what is possible when you invest wisely. The other women in the group not only have goats, some also grow vegetables such as cauliflower or keep chickens, which they also sell.
The women in the community who have not yet received microfinance are very interested in this. Many also want to buy buffaloes and are watching very closely how the women who have already received microfinance work.
In the past, the women did not have many opportunities to earn money, says Apasara. Her experience is that now that most of the women have bought goats, they spend a lot of time looking after the animals. The income they now earn motivates them to do more. For the first time, the women have a chance to build something themselves.
In addition, the other women also see the successful path she has taken and experience what is possible when you invest wisely. The other women in the group not only have goats, some also grow vegetables such as cauliflower or keep chickens, which they also sell.
The women in the community who have not yet received microfinance are very interested in this. Many also want to buy buffaloes and are watching very closely how the women who have already received microfinance work.
"Microfinance is not only changing the economic situation here, but the whole way of life. Everyone is busy, much more than before, they have to look after the animals, collect the money. They are much closer now because there are certain things that they now do together."
Rajesh Regmi, NGO head of SPOWC
"Microfinance is not only changing the economic situation here, but the whole way of life. Everyone is busy, much more than before, they have to look after the animals, collect the money. They are much closer now because there are certain things that they now do together."
Rajesh Regmi, NGO head of SPOWC
KETAAKETI stands for self-determined development through interest-free microfinance, which is passed on from family to family – 100%.
KETAAKETI stands for self-determined development through interest-free microfinance, which is passed on from family to family – 100%.
KETAAKETI stands for self-determined development through interest-free microfinance, which is passed on from family to family – 100%.
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