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How Sabu Help Works
Sabu Helps Eight Step Process
- Groups of ten people, five males and five females are formed
- The group opens a bank account
- The groups pick out the business they will invest in and write a business plan including a budget and strategy and present it to Sabu Help
- Sabu Help reviews the business plans and gives suggestions and recommendations as to whether the business plan is lucrative, helpful, and environmentally beneficial
- If the business plan is approved, funds are transferred into the groups account and distributed to the individuals in the groups
- The groups meet monthly to report and update each other on progress of the individual businesses as well as the group’s success as a whole
- The field director attends each meeting and serves as a communication link between the groups and Sabu Help
- Groups pay back the funds collected and we "pay it forward" by recycling repaid loans to help Sabu Help fund more poor people in other communities
The principle amount can be given to the same group if they apply for funds to expand their business, or to a new group.
The more funds we have the more groups we can help.
Summary of How Sabu Help Works
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Visit where some of the proceeds go
Download Sabu Help Tool Bar: Every Dime Counts |
