FATE Foundation in partnership with Youth Business International (YBI) and Standard Chartered Foundation, is excited to announce the launch of the Revolving Fund Programme to support 300 Nano and Micro Enterprises for the next 3 years. This programme is a part of the Futuremakers Global Youth economic empowerment initiative to support Youth businesses globally.
The three-phase Revolving Fund Programme, designed to equip you with financial literacy knowledge and access to low-interest loans. The 3 phases are:
Phase 1 – WhatsApp LMS Course: Bite-sized Financial Literacy course on WhatsApp providing foundational financial management skills to better prepare for loan opportunities.
Phase 2 – Hybrid Training Programme: Certified and shortlisted WhatsApp LMS participants will continue their learning with a 4-week hybrid training, deepening their understanding of business planning and financial management. This will help you develop skills critical for business growth and sustainability.
Phase 3 – Revolving Fund Loans: Eligible entrepreneurs from the hybrid training programme will gain access to low-interest (2%-5%) loans, with a 6-month moratorium period.