3 Ways to Find Funding for Your Social Enterprise in Africa

(Hint: None of Them Are Banks)

Finding capital for a project can be challenging, and this is no exception for those starting social enterprises. Young people worldwide face the greatest difficulty in finding funding. Much of this is because of a struggle to access formal banking services. In fact, young people are 44% less likely to save money through a traditional banking institution. Luckily there are other ways for young changemakers to get funding. These funding methods often match the qualities of social entrepreneurs themselves — innovative, flexible, and wanting to make a change. Mobile Loans Mobile financial services have revolutionized the way money is saved and transferred in Sub-Saharan Africa. But did you know many mobile money services also offer ...