We loan to people who have an idea for a sustainable, profit making business, but who would otherwise not be able to raise the capital necessary to
start it.
Any finance provided should benefit both the individual borrowers and the community as a whole. Individuals apply for a loan outlining their business idea. They will be helped through the process if they require assistance. Successful applicants will be chosen both on the basis of the quality of their investment proposal and the impact that the finance will provide to their livelihoods. The successful applicants will agree on a repayment schedule based on the estimated earnings of the business. During the period of the loan, the loanee will be able to get business advice and assistance with setting up and running the business from our technical team. As the loans are repaid, the money is recycled back into the loans fund. Individuals who successfully repay their loans on time will be eligible for future loans of increased value. In this way we hope to see businesses grow from strength to strength. |
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