Working with young entrepreneurs

Working with young entrepreneurs

Worldwide 12.6% of youth are unemployed. This is not only detrimental to economies on a national scale, but impacts directly on the youth themselves. Other microfinance providers are attempting to directly address the crisis of youth unemployment directly through youth themselves. Deki finds itself in the position to be strongly involved to this innovation and to join in this movement. In 2018, only 7% of our loans went to those age 18 to 25, showing we have some real room for improvement and increased focus in this area.

Microloans are an ingredient to overall success

Microloans are an ingredient to overall success

Much like a healthy diet, achieving financial health comes down to more than just a loan. It’s vital to use a combination of ingredients including: increased financial literacy; easier access to cash funds; and the facilitation of financial robustness to compensate for cash flow fluctuations or unforeseen circumstances which can often be highly detrimental to an entrepreneurs’ journey with Deki.