Final Report University of St. Thomas Social Entrepreneurship Program (UST SEP) 2015
In 2010, HF introduced this project the CED project in collaboration with UST SEP with the aim to provide micro loans to the women beekeepers of Gilgit Baltistan (GB) Pakistan, to strengthen their honey bee business. The initial agreement was signed on 16th February 2010, and was subsequently extended. Resultantly, HF received US $9,970 from UST SEP, with US $3,000 on 21st February 2013, and US $3,000 on 25th March 2015, respectively as an additional amount, thereby, making a total loan of amount US $15,970 for interest free RMCL. The impact of this project was positive, with 40 women beekeepers benefited from the project by producing 2,400 Kg of honey to date. With the increase in the overall household income of the beneficiaries by 39%, 140 children had access to basic education and better nutrition. The CED project helped promote three of the United Nations millennium Goals (UN MDGs): eradicate extreme poverty and hunger, achieve universal primary education and promote gender and women empowerment.
