People in the local community lack the financial resources to start their own businesses, despite having adequate skills. The financial institutions have policies that hinder locals from obtaining loans, and therefore push them to engage in social vices in an attempt to raise the capital required to start a business. As a result, many people have developed vices that contribute to the underdevelopment of their community. To address this challenge, we have established the Inuka micro-start project.
The project supports the community with micro-loans to start their own businesses or boost their existing business. It involves lending small amounts of money and collecting repayments, with a small interest, on a daily basis. With these small loans, we have created and boosted businesses within the community, leading to a tremendous improvement in living standards.