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The most common issue affecting neglected communities in the developing world is a lack of economic opportunity. The Foundation for Sustainable Development works to support these communities with the tools they need to acquire employment and build successful businesses. We partner with over 50 community-based organizations to offer three primary services: vocational/business training and technical assistance, microfinance and access to markets.
Training opportunities differ between regions and organization but common training topics include: locally applicable vocational skills, business plan development, integrating technology, bookkeeping and business management, and marketing/outreach. Training is offered through various methods such as workshops, individual counseling, peer networking and mentoring programs.
Microfinance is a major aspect of microenterprise development recently made famous by the pioneering work of Muhammad Yunus. Since traditional lending does not reach underserved communities, microfinance offers a collective solution that lends small increments of capital to local businesses. Along with credit lending, FSD trains entrepreneurs to effectively integrate credit management and savings principles into their business growth.
To help micro-entrepreneurs increase sales and profitability, FSD works to expand access to local and international markets through relationship building, research and strategic development. By addressing these prominent needs—training, microfinance and access to markets—FSD and its partner organizations provide economic opportunity at the community level.
Read about our Community Partners to learn more about Microfinance programs and opportunities in the field with FSD.
For a description of the Microfinance & Microenterprise opportunities available in each country, click on the links below: