What is microcredit?

A microcredit loan is a small business loan to an aspiring entrepreneur in a developing country. In many countries, Traditional lenders are often unable or unwilling to lend when people have little or no collateral. The credit aspect of microcredit implies loan repayment which builds self-esteem & self-reliance; it’s a hand up, not a handout.

Build Capacity, not Dependency!

The benefits of microcredit are far-reaching. Microcredit engages the entrepreneurial spirit, promotes self-sustaining development, encourages education and training and, ultimately, reduces vulnerability to radicalism.