Micro loan update

18th July 2019 | Posted in Latest News, Nigel's Blog

Yesterday evening I was joined by many Destiny residents who have applied for small loans.  We have received applications and looked at a range of businesses, from buying pots in Guinea to cooking hot meals;buying and selling bales of shoes or clothes to trading in perfume, hair and food products.

I went through our proposed scheme, noting our maximum loan is £190.  We have more requests than money so if you have some cash not doing anything and you would like to enable some ladies do business then do get in touch.

Trying to explain how numbers and business works was interesting as we continue to learn more local perception, and of course many left school being unable to read or write at all.  Such a great atmosphere and what a privilege to get to do this

I think this initiative could really help those moving here

 

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