The Association funds small businesses (vegetable shops, small coffee shops and fish carts) in order to enable some families to have a source of income. This project has been highly successful as it enables some families to rely on themselves in earning their living.
The families are able to work and learn about their business and can soon sustain themselves. Micro-loans with no interest are available and are based on a payment back plan over a certain period of time.
The loans are offered on the basis of a reasonable fixed cost, a good location, and a decent feasibility study. The loans range between $1,000 to $3,000, and the collected repayments will be re invested in similar projects for different beneficiaries.
Total assistance for 2019
7 Entrepreneurs
$7,150