Micro-finance Program

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Micro-finance Program

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Description

UMOT empowers families to support themselves. Our program provides financial support for families for a period of 6 months to start their business. After the 6 months grace period, families who benefited from the program will pay back a minimal monthly fee that will go to support other Micro Finance projects at UnderMyOliveTree.


[PHASE 1] Apply by sending details of proposed project with needed amount and period for application.


[PHASE 2] Accepted projects will be fund-raised with amounts up to 1500JD and given 6 months to generate income.


[PHASE 3] For the next 4 months each project has to pay back 40% of the amount given in financial support from the project’s income.