Together We Are Helping People Build Better Lives

 

Summary of How Sabu Help Works

Form

Apply

Receive

Repay

Re-Loan

Sabu Helps Step and Processes

1. The groups must be made up of ten people, five males and five females, to a form their group.
2. The group must open a group bank account and start contributing to the account.
3. The group will then pick out a business they will invest the loan and write a business plan including a budget and strategy and present it to Sabu Help
4. Sabu Help reviews the business plan and gives suggestions and recommendations as to whether the business plan is lucrative, helpful, and environmentally beneficial or healthy.
5. If the business plan is approved by Sabu Help,
6. Groups must attend and received training before funds are loan out to the groups
7. The groups must meet monthly to report and update each other on progress on the individual businesses as well as the group’s success as a whole
8. The field director attends each meeting and serves as a communication link between the groups and Sabu Help
9. Groups repay loans and loan is "paid it forward" by recycling (reloan) repaid loans to other groups

The principle amount can be given to the same group if they apply for funds to expand their business, or to a new group.

Visit where some of the proceeds go

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