The Mavuno Micro Enterprise Project was created to give individuals who had the desire to break free of the bonds of poverty, but lacked the means to do so. It is a cooperative of entrepreneurs, who through a self replenishing fund are able to take small loans and start a business. The group holds meetings and share their business experiences. Each member of the group are able to provide each other with support and act as a sounding board for ideas on how to improve their businesses. As the individuals find success, they pay back their loans and are able to take loans from the fund in higher amounts. In this way, the fund is continuously replenished by its own successes.
Please visit http://www.majimazuri.org for more details.
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