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Imagine you have an idea and are trained to start your small business in rural Busia, Kenya.
You are ready to go and need to join a Microfinance group. The accountability for these groups is buying into them for what is coffee money for North Americans, but for you, it is the beginning of opportunity.
There are women from prison, women leaving domestic abuse, and other reasons women would not be able to get the small start-up money to buy into a microfinance group. These groups use social accountability to lend money out, pay it back and manage their co-op.
A fund is being established specifically for women in these circumstances to join a group. This will allow them the one-time buy-in money for women who have shown through no fault of their own that they cannot buy-in.
Then, they are part of the community, are able to access funds, and be part of supportive growth for their business.
This is for women who will be starting bare-bones, selling fish, freezits, other small things that they need to sell to survive.
We are proud of this fund established by Green Agriventures and look forward to hearing the stories from the women who this fund has helped in a sustainable fashion on the road to growth out of their life circumstances.
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