Asia-Pacific Small Business Fund
In the Asia and Pacific region, the regional coordinators are using small business training seminars to help pastors and lay leaders develop personal income. The project teaches ethical business practices, accounting, and planning to help leaders run a successful business. At the end of the course, the project also makes small microloans available to the most promising young entrepreneurs.
The total project cost is $4,500 per country.
Project # 42.30390
“The idea is to empower local Christians to enter the marketplace and be a witness to their community through their business. In return, they receive a small income and support their local church.“
Don and Caroline Armstrong
Asia-Pacific Regional Coordinators
What’s in Your Hand?
The post-training microloans are to help individuals start their business. The goal is to have each loan repaid over a two- or three-year period. The funds that are repaid are then used to make additional loans to people who complete the training. The goal is for funds to last through at least three rounds of loans.
Where We Engage
Total Cost of Training and Loans
Provided by local church
($27,000 for six countries)
($27,000 for three for each country)
Total for Seminars and Water Buffalo is $54,000
Will you join Global Strategy to make a difference in the livelihoods of people across the Asia and Pacific region?