Life in Africa-Global
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Comment by Wilfried van der Veen
Author: Wilfried van der Veen (9)
Date posted: Wed, 10 Dec 2008 03:05:54 PST
Comment on: Microfinance for social entrepreneurs - a new model in the m... (0)
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One question has come into my mind: What we discuss at this time, is that we will get a loan and pay a kind of fee out if this money. For this case it will help the person who gives us this loan to ensure that her loan is actually used for the right purpose and to get update on progress from an objective external source. For us as receivers of the loan, we get regular monitoring and some (hopefully) effective and objective help in the reporting. Now the question is, can other potential donors/lenders tap into this monitoring system? Can they apply for the monitoring reports? is there a fee involved? Can we ask potential donors if they are interested to participate in the programme at a certain cost?