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BELIZE Natural Energy Charitable Trust is committed to the development of the Belizean people and More...
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OVERVIEW Since 2009, the BELIZE Natural Energy Charitable Trust has partnered with various credit More...
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The Empowerment Fund was launched as a pilot micro-enterprise credit program through the signing of More...
Empowerment Fund PDF Print E-mail

The Empowerment Fund was launched as a pilot micro-enterprise credit program through the signing of a Memorandum of Understanding (MOU) on May 16, 2011 between the Belize Natural Energy Charitable Trust (BNECT) and the Belize Enterprise for Sustainable Technology (BEST) with an initial investment by BNECT of $110,000. Since its inception, 58 loans at a total value of $420,500 have been disbursed, creating at least 116 new jobs and 15 new small businesses in the Cayo and Belize Districts.

Building on the success of the pilot program, on April 08, 2014 the BNECT launched the first phase of its Empowerment Fund Program with La Inmaculada Credit Union with new seed capital of $750,000 and on July 21, 2014 a new agreement was signed with BEST to expand the Empowerment Fund Program with BEST to $625,000.

The overall objective of the Empowerment Fund is to empower entrepreneurs through the establishment of revolving loan facilities to finance viable business ideas that contribute towards bettering Belizean communities.

The Trust and its partners share the similar vision of empowering and uplifting Belizean people and communities so that they can become the conscious architects of their own future.

 

Implementing Partners:

Belize Enterprise for Sustainable Technology (BEST)

Mile 54 Hummingbird Highway

P.O.Box 35

Belmopan

Belize

Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Website: www.best.org.bz

La Imaculada Credit Union

5 Park Street

Orange Walk Town

Belize Central America

Tel: 501-322-2358/0483

Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Website: www.licu.org

 

 

 

 

 

 

 

 

 

 

 

 


 



 

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