News

Success story : Fudgies

31/10/18

Robin Darrel, owner of Fudgies makes mention of the BELfund in an article posted on http://spore.cta.int/en/. The exert below highlights the key points made by her.

"I approached five different financial agencies, which each said that they did not provide loans to start-ups. I then contacted a local financial institution, called BELfund, which supports local entrepreneurs and provides loans. As well as giving me a loan of EC$12,000 (€3,800), Belfund visited me once a month to ensure that the financial side of my business was running well. They checked my record-keeping, and made sure that my accounts were balancing and that I was making a profit. The loan enabled me to refurbish my processing space, purchase equipment and open my first shop in Grand Riviere. I now produce about 250 boxes of fudge per month."

Please follow this link for the full article.

http://spore.cta.int/en/debates/opinion/inclusive-financing-enables-women-to-scale-their-agribusinesses.html