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EMPOWERING ENTREPRENEURS IN ZAMBIA THROUGH MICROFINANCE

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Zambia Sosa: Microfinance Project Zambia is open for discussion on Facebook. Main aim is to combine the power of the internet with microfinance to provide financial services & education to entrepreneurs & low-income Zambians at 0% interest.

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MISSION

  • To connect people through lending.
  • To empower people through entrepreneurship.
  • To invest in people by working towards the improvement of humanity.
  • To fight against poverty and break the cycle of poverty.
  • Provide low-income households access to micro-loans.
  • Promote women economically and ensure the dignity of individuals.
  • To raise awareness and share information to help improve the delivery of microfinance.
  • Provide total financial transparency.
  • To be a voice for the voiceless, Sosa means "Speak Out."


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Sosa means "Speak Out"

This is an open platform where entrepreneurs can speak out  and share their stories. Sosa is a transparent online platform that shares stories to lenders around the world.

HOW SOSA WORKS

  • Sosa approves and disburses microloans.
  • Field Partners recommend entrepreneurs.
  • Sosa uploads approved entrepreneur's profile online.
  • Lenders from around the world choose entrepreneurs.
  • Sosa provides funds to entrepreneurs.
  • Sosa collects repayments over time.
  • Lenders get their money back.

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SOSA FIELD PARTNERS

  • Must complete training programs run by Sosa.
  • Must be approved by Sosa.
  • Must focus on education and training.
  • To empower people through skill production.
  • Develop Food-for-Work programs.
  • Prepare people in our communities for self-employment.


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SOSA FELLOWS

  • Work with Sosa, Field Partners and Entrepreneurs.
  • Must have excellent communication skills.
  • Must complete the Sosa Fellows program.
  • Must volunteer, Sosa does not pay Sosa Fellows.
  • Must understand and promote our policies.
  • Must be interested in Microfinance.


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ENTREPRENEURS

  • Must be able to work in groups of 3 to 5 members.
  • Should have a feasible plan for the loan.
  • Must complete the Sosa programs.
  • Must work directly with Sosa Fellows.


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AGENTS

  • Should be innovative.
  • Must be a professional, Lawyer, doctor, economist, teacher etc
  • Must be willing to volunteer, Sosa does not pay Agents.
  • Should work towards social economical transformation.


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LENDERS

  • Must learn about entrepreneurs
  • Can choose entrepreneurs.
  • Should learn about Zambia and the people of Zambia.


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