Investigate micro-finance in Zambia- options to expand the business centre
Currently there are 4 computers in the Garden business centre (internet cafe). Business has been coming in steadily and the aim is that these 4 computers will be used to their maximum capacity each day. Profits generated by the centre will be re-invested into the YOFOSO youth programmes and into expanding the capabilities of the business centre. Purchasing additional equipment such as a photocopier, or more computers and printers is part of the business plan.
We are looking for Neighbours who can investigate micro-finance organisations that operate in Zambia and to also get in touch with them about loan criteria, required paperwork, loan duration, interest, fees etc.
As YOFOSO is a registered community based organization the business centre now has the capacity to generate income, therefore obtaining a micro-loan could be a way forward. Please let us know what you find out…