This thread is resolved. Here is a description of the problem and solution.
Problem: How to translate microwidget texts in The7 theme
Solution: Those micro widgets values are saved as options in wp_options table and to translate these values please follow the below steps: 1) Now go to string translation and click on "Translate text to admin screens » In the bottom left of the page. 2) Load the page completely, search for "- the7dtchild" and click it. 3) Now search for "header-elements-text" inside the7dtchild and check it 4) Go the bottom of the page and click apply. 5) Wait until the page shows "The string selected can now be translated from the Translation screen" text 6) Once this shows up, go to string translation and translate the strings
Relevant Documentation: https://wpml.org/documentation/getting-started-guide/string-translation/#admin_texts
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