Vendors are able to buy wholesale products with much better quality. This allows them to have a beneficial impact on the economy, health and general well being of the entire community.
What is a Capital Advance?
A capital advance is a loan of money that is used to purchase assets or to fund a business venture. A capital advance for most individuals in underserved parts of the world would not be an option because they would likely not qualify with a bank or financial institute and the interest rates would be outrageous for them to repay. That is why Compassion for Life and its partners make these funds available to encourage viable employment and stimulate growth in those communities. The recipients are carefully chosen and held accountable with the help of local partners.
