Ariana Financial Services

Afghanistan's Women Mean Business

This has been reposted from the Mercy Corps blog.

For many years under an oppressive regime, Afghan women were unable to leave their houses — they could only dream of starting businesses. Thousands of women had ideas, but no opportunity and certainly no assets to realize them.

But today, that's changed: women are now a vibrant and vital force in Afghanistan's economy. Mercy Corps pitched in to make that happen through Ariana Financial Services, a microfinance organization we founded in 2002. Ariana provides loans and other financial support to entrepreneurs. It currently has more than 7,500 clients, most of whom are women.

And those women are making a difference not only for themselves and their families, but their communities as well. They're filling markets with their products, creating jobs and training other women to succeed. These women are proof that, when given the chance, they can turn a little funding into a lot of good, as well as a lifetime career.

Freelance photographer Julie Denesha recently put together this video that includes her interview with Ariana's Executive Director, Storai Sadat, about how her organization has helped bring about this remarkable transformation.

O Magazine: Three things you can do to empower women

Zahria, a 35-year-old mother of five, took out a loan from Afghanistan’s Mercy Corps-supported Ariana Financial Services to begin an almond-selling business. Photo: Miguel Samper/Mercy Corps
Zahria, a 35-year-old mother of five, took out a loan from Afghanistan’s Mercy Corps-supported Ariana Financial Services to begin an almond-selling business. Photo: Miguel Samper/Mercy Corps

Our work to lend to the so-called "unbankable" is noted in September's O Magazine in a bit about Half the Sky. (The "O," of course, stands for Oprah.)

Mercy Corps-sponsored microfinance institutions reach more than 244,000 clients. Many of those are women in Afghanistan, where we founded Ariana Financial Services, a woman-led agency that has lent more than $11 million to 45,000 clients to date — nearly 75 percent of them women.

Mercy Corps is among several other organizations — including Hellen Keller International and American Assistance for Cambodia — mentioned in Half the Sky and noted in the O Magazine list for "Three Things You Can Do To Empower Women."

The article, unfortunately, isn't available online. But you can find it in the September issue of O, which is already at your local grocery-store or bookstore newsstand.

This piece was originally posted on One Table.


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