Household Entrepreneurship: Financing, Launching & Coaching

In the second half of the Fellowship, Fellows access finance and launch their businesses. All Fellows gain access to seed capital through the rotating pool of savings generated by their VSLAs. To bolster capital in these groups, Kula provides significant no-interest loans to VSLA groups with generous repayment terms, infusing capital to spur new businesses and ensure all Fellows have access to affordable finance. Kula Coaches continue supporting them through regular personal coaching sessions and group training on topics needing review or which arise through specific business challenges. Fellows are also connected with established businesses in their industry for advice and feedback.

During this period, inputs provided include:

• Interest-free loans to VSLAs