Supporting Small Business for Poor Entrepreneurs

by Water, Agroforestry, Nutrition and Development Foundation
Supporting Small Business for Poor Entrepreneurs

Project Report | Dec 17, 2019
Scaling-up production

By Cora Sayre | Project Leader

Product with good market potential
Product with good market potential

Dear Friend,

Warm greetings and thank you very much for supporting our project providing small business for poor entrepreneurs. Poor entrepreneurs are not bankable and they have difficulty finding source of their capital in order to start or scale-up their business. This is indeed a problem and there are socialized credit schemes available for them but the procedure of applying for a loan is difficult and complicated. This reporting period, we are trying to explore possibilities of small-scale support for non-bankable and high credit-risk small-scale entrepreneurs and at the same time promoting and showcasing their products in order to find good market outlets. There are a lot of resources that can be tapped in order for various business to be started and to grow. We aim to develop and promote at least 10 of these product lines in the coming months.

Hoping for your generous support.

Very sincerely yours,

Cora

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Organization Information

Water, Agroforestry, Nutrition and Development Foundation

Location: Cagayan de Oro, Misamis Oriental - Philippines
Website:
Project Leader:
Cora Sayre
Cagayan de Oro , Misamis Oriental Philippines
$41,657 raised of $75,000 goal
 
179 donations
$33,343 to go
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