Access to affordable finance is still a major hindrance to implementation of business ideas in the marginal
communities. Young people around the world often find enormous challenges to access credit facilities especially
due to their lack of security to get loans from traditional finance institutions.
BEF is an alternative finance facility designed to support marginal communities who would rather find it difficult
to work directly with mainstream financial institutions such as banks and National funds.
The BEF is rooted in the conviction that the “power of the poor lies in their numbers” when the poor communities pool
their finances together into a common pool, governed and managed by themselves, they can achieve significant and sustainable