Microfinance opportunities provides financial services, such as small loans, savings accounts, and insurance, to disadvantage communities. These opportunities arise from the need to empower low-income individuals and small businesses that lack access to traditional banking systems, enabling them to improve their economic situations and contribute to local development.
Space to Share Foundation provides microfinance support using a “Susu Savings” concept, encouraging individuals or organisations to gradually set aside funds from their profits, if possible, and then provide seed money later on to someone in need to launch their own small business. This concept will demonstrate members the importance of savings and getting credits to support their enterprises.