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The Whole Person Foundation, inc Transforming the lives of our youth and vulnerable

Micro Finance Loan Program
Wednesday, March 6, 2019


Research has shown that the developing world benefits from having micro finance programs to benefit individuals looking to start and/or sustain small businesses in their communities.

We are committed to providing no-interest loans to individuals with interest in starting or expanding their small businesses. TWPF would like to establish cohorts of about 5 individuals in the community. These cohorts will be associated with a mentor/coordinator/accountability partner who would work closely with the cohort within a year to set up and sustain their small businesses. The mentor/coordinator/accountability partner will review and assess the program for progress/success.

At the end of the year, the cohort will pay this loan forward by transferring funds to a new cohort of 5 individuals. TWPF will provide the initial N50,000 to each of the individuals within the cohort. A personal statement will be required as well as various records and other necessary information to help make the determination of eligibility.

“EDUCATION IS THE MOST POWERFUL WEAPON 
WHICH YOU CAN USE TO CHANGE THE WORLD.”

- Nelson Mandela