THE BLUE-SKY FUND is a micro lending business that is intended to provide micro banking services to the unemployed, low-income earners, the youth and marginalized women who otherwise have no other access to financial access, Often, small and individual businesses don’t have access to traditional financial resources from major institutions mainly because the major commercial banks require collateral for lending yet many of the poor lack collateral, this therefore has made it hard for the poor to access loans, insurance and investments that will help them grow their businesses. The main purpose of this institution is to enable all kinds of people in the community have access to financial services by providing a wide range of services such as small loans, saving accounts, financial literacy and later on provide small insurance services in case of disasters such as death, diseases. The blue sky fund will provide loans to the extremely poor people for self employment to generate income which facilities themselves and their families, this institution will also act as a source of social economic development of the poor and small scale business holders because it will morally and ethically motivate the poor to work. A borrower usually uses microloans if they do not have access to local financial institutions, if they have poor credit, or if they want a loan smaller than what their bank will allow, therefore our institution is to provide such services that the poor cannot access at major financial institutions like banks. Women particularly benefit from our services therefore our business targets women empowerment by positively influencing women’s decision making power and enhancing their overall social economic sector through giving them small loans to finance or start up their businesses. THE BLUE SKY FUND believes that, by developing the financially excluded population through providing micro-loans, the overall economy can develop in a better way and will help in attaining stability in the economic setup.

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