A Christian Resource for Microenterprise Development

Development Resources


FUNDING YOUR MICROENTERPRISE

 

 

It is strongly recommended that you try to avoid any necessity to borrow  money to start your enterprise.   Any money you borrow has to be repaid in an agreed time, possibly with high interest and that means less income or profits for you and of course if your business does not succeed then you can have a serious problem to repay the loan!  

It is better to start small using  what money you can find, or perhaps you have relatives who might help you start.

 

It may be possible to find financial grant support for start up and it is worthwhile to search  a directory of your  National Development and Funding Agencies


You will see listed most if not all development organizations, humanitarian agencies, grant making bodies and microfinance banks.