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The Belize Woman (June 1987), p. 4

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While strategies for promoting women’s involvement in phases of income generation may differ from country to country and from arganization to organization, it is believed that there is value to expanding the pool of information available on approaches thot women have developed and on _. women's perspective on business practises and techniques. If you are investigating business or inccame-generating possibilities, or you are closely involved in a business, and you are thinking about expanding, you will probably need to find a source of financing. The decision to borrow money is one which requires a great deal of thinking and planning. You will be using someone elses money and making a commitment to the person to repay the funds within a certain time period, usually with interest. Therefore, borrowing money always involves a certain @naunt of risk or chance, you can minimize the a@nount of risk by thinking cicariy about what will be required of you and what some of the realities of barrowing money include, as a first step, you need to ask yourself some questions eg: Do! have experience in the business or project far which | need a loan? Have | worked in a related field or do | have occess to people with expertis2 in this area? Do | understand the market? My competitars, my buyers my Customers? Am | willing to invest some of my Own money and other personal respurces in the project? If it is a group project - Do we have a strong and committed group that is willing to invest time and possibly personcl resources in the project? Will the group stay together? Do ! hove full suppart of my family, ar other people who will be affected by my involvement with this project? Do 1! have a carefully thought-out assessment of how much money !| will meed and what Therese Elijio Cynthia Ellis Reecina Martines Lucia Engleton Ke~garet KcGann Myrtle Gill Ismay Swazo Catherine Jones Shirlette Vacarro

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