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How to start a Microfinance schemeSubmitted by Enya on December 26, 2006 - 3:08pm.
So I have been tasked with the donation of $500USD to use it to start a micro-credit with local crafters in South Africa. Could you please advise on the steps in which to start this initiative? My idea is to source a women's cooperative, to form the committee of persons who will be responsible for the re-payment of the loans, distributers, and someone to monitor the process. Other than that, I am relatitively new to the concept. Thank you Tags: Microcredit
Hi Enya, Have a look at this website: http://www.scn.org/cmp/index.htm It has a lot of practical resources related to capacity building in low income neighbourhoods - such as training modules on income generation, building a credit organisation and micro-enterprise training; and a handbook on generating wealth. I hope you find the website useful. Good luck with your project :) Brigid. SEO Tips : Starwebworld, is an Search Engine Optimization (SEO) blog. This is providing the latest SEO tips and News. Best SEO Company India : Starwebworld, is an Search Engine Optimization (SEO) blog. This is providing the latest SEO tips and News. SEO Tips : Starwebworld, is an Search Engine Optimization (SEO) blog. This is providing the latest SEO tips and News. |
Hi there Enya,
If you haven't already, have a look at the advice pages on microcredit at www.aidworkers.net/?q=advice/microcredit. I hope your project goes well.
Barney.