Small Business Funding for Bosnia and Herzegovina
Small Business Funding for Bosnia and Herzegovina
Idea Description
Micro lender for small businesses in Bosnia and Herzegovina.
What will you do if you win $10,000 for this idea?
Find people with a potentially profitable business in Bosnia and Herzegovina and lend them the money they need to start-up. Set up loans for the maximum length of one year and collect the interest, than reinvest it into some other business.
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What advice do you have to help me grow my idea?
This is being done in other parts of the world. Check out www.agorapartnerships.org in Nicaragua, Small Enterprise Assistance Funds (www.seaf.com), and Business Partners South Africa (http://www.businesspartners.co.za/), which all work on Micro venture capital projects to alleviate the mezzanine finance gap.
Great Idea : )....Please check out my profile and let me know what you think