Objectives and anticipated outcomes

Micro Enterprise

Objectives

  • To gain an understanding of a variety of ways of obtaining either credit or loans
  • To establish good practice in record keeping and planning
  • To study the issues involved before establishing either informal savings or credit groups or obtaining loans from outside organisations

Anticipated outcomes

  • Groups enabled to gain understanding and confidence in managing their resources and finances effectively
  • Appropriate officers to be appointed within groups supported by relevant skills training in record keeping and accounts
  • Local groups encouraged to establish systems of micro-credit which are appropriate to their needs and resources, either with or without outside intervention