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Oxfam Enterprise Development Programme: Annual report 2016

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2017-05-12
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Annual report
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16
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<p><span>Oxfam has more than 70 years&rsquo; experience working with the world&rsquo;s poorest people. Time and again these people tell us that what they need &ndash; more than anything else &ndash; is a stable income so they can provide the basics for their families.</span></p> <p><span>The World Bank says the most effective way to reduce extreme poverty in remote rural areas, where most of the world&rsquo;s poor live, is to create successful, sustainable small and medium sized businesses.&nbsp;<span>A big business has access to bank loans. A small business can access micro-finance. In the middle of these two extremes almost no support is available, and too many families continue to suffer as a result.</span></span></p> <p><span>Oxfam&rsquo;s Enterprise Development Programme is helping to fill this gap, investing money donated by entrepreneurs, philanthropists and partners to help promising businesses grow, providing a tailored package of loans, grants or bank-guarantees combined with expert advice, guidance and training.</span></p>
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English
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Enterprise Development Programme
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