Find out how a microfinance cooperative works by using resourceson this website and in your library and community.
Discuss possible businesses you could carry out and whether funding and time are available to undertake their development.
Form small groups of three - four people. One group will become the Microfinance Cooperative and the others will become Microenterprise developers.
Each Microenterprise group will decide on a small money making business. They will develop a business proposal that they could implement, and submit an application to the Microfinance Cooperative in the agreed format and timeframe.
The Microfinance Cooperative team will develop funding guidelines for the assessment of the business plans. After the plans have been presented your team will need to consider the proposals and decide how to use its available funds. Contracts are drawn up with the successful groups and money allocated.
Implement the enterprise activities, report back to the cooperative in the agreed format and repay your loan on the due date. | 
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