Financial Inclusion

The combination of inadequate education, vocational training and opportunities prevents many individuals from entering and succeeding in the formal job market. Increasingly, self-employment is regarded as the solution to combating unemployment and poverty, accounting for a significant share of all jobs in the region. But many microentrepreneurs lack the necessary training and/or financial resources to purchase materials and machinery, and/or any collateral for loans. Consequently, their businesses run a high risk of failing. Our partners offer a broad range of financial and training services to low-income microentrepreneurs in the region. These program offer:

• Microenterprise and financial training
• Technical assistance
• Marketing assistance to improve earnings
• Access to loans for working capital and fixed assets
• Micro-insurance
• Financial education