As part of the International Youth Foundation’s Tsunami Reconstruction Initiative, supported by Nokia, more than 4,400 young people are being given access not only to job placement and life skills training, but also to small start-up loans and microfinance.
The decision to offer loans through the programme is part of a growing recognition of the power of microfinance as a tool that helps not only women entrepreneurs or small farmers to improve their lives, but also young people.
