We closely partner with TECH Outreach to carry out projects that help women in Sri Lanka and Nepal.
About TECH Outreach
TECH Outreach began in 2004 by Dr Selvamalar Ayadurai (Dr A. S. Malar), an Entrepreneurship Consultant, who has worked closely with women in the war-torn zone in North East of Sri Lanka. The organisation was registered with the Registrar of Companies in Malaysia in 2004. In 2008, Dr Selvamalar expanded the scope of TECH Outreach to cover not just communities in Sri Lanka but disadvantaged communities in Malaysia and other parts of the world that require socio-economic and technological development. TECH Outreach was later registered with the Registrar of Societies in May 2009.
TECH is an acronym that stands for Transform, Enhance, Cultivate and Harness. These are the attitudes that are crucial for individuals in disadvantaged communities to pursue a future that is self-sustainable and independent of foreign aid.
TECH Outreach Malaysia believes in helping communities tap into their potential and transform their lives through entrepreneurship and innovation. To do so, TECH Outreach adopted the famous “Grameen Micro-Credit Financing” model by Professor Muhammad Yunus, the 2006 Nobel Peace Laureate of Bangladesh, who was also awarded the Medal of Freedom by President Barack Obama.
About the Grameen Banking System
The Grameen Banking System (GBS) is a micro-credit financing model which gives loans to women without any collateral or guarantee. The system was introduced in 1976 in Bangladesh and today has been replicated in more than 150 countries, including Malaysia. More than 98% of the borrowers are women who borrow the money for income generation projects. Women borrowers form groups of 5 to 10 on a group lending basis and repay the loan on a weekly basis under a closely supervised and established banking system.
The GBS has alleviated poverty and lifted more than 68% of the women borrowers above the poverty line. Women under the GBS strictly adhere to the 16 Decisions which is a “way of life” professed under the Grameen Model.
Country partners for projects in Sri Lanka
- Rural Women’s Forum (RWF) in North East Sri Lanka help rehabilitate women who have lost their husbands and families due to war by assisting them to initiate entrepreneurial ventures.
- Centre For Child Development (CFCD) in North East Sri Lanka helps to support the educational needs of children who have been affected by the war. They also help women who have lost their husbands and families due to war by helping them initiate entrepreneurial ventures.
- UNDP tasked TECH Outreach to disburse micro-credit financing and provide entrepreneurship training to 300 war widows in North East Sri Lanka.
Country partners for projects in Nepal
- Rural Women’s Network (RUWON) in Nepal help support women who have lost their husbands in the war by helping them initiate entrepreneurial ventures as well as developing rural schools through the Bridging School Program.
- Prime Minister’s Award for “Finalist in Women Entrepreneur Activist” (2010)
- TAFT Award by The American Embassy (2010)
- European Sustainability Award for “Women Entrepreneurship Program” (2012)
- RESOURCE Editor in Chief’s Award for “Best CSR Story” (2015)
Find out more about TECH Outreach
Head over to TECH Outreach’s Facebook page to find out more about their latest projects.