The effects of the coronavirus pandemic on some sectors of business (particularly retail and hospitality/travel) has been huge. However, the Kenyan government has come up with several schemes and state aid packages to support business in this difficult time. Some of these schemes are as follows: Employee Cover- You claim […]
Read MoreGlobal Philanthropy Alliance is dedicated to supporting young social entrepreneurs in Kenya, South Africa and Nigeria. Social entrepreneurs have ideas, skills, and experience effecting change in their own communities. We know that they often lack financial capital to accomplish their goals and have learned that they also need technical assistance […]
Read MoreUSAID is committed to an evolving model of partnership with those we serve around the world. They recognize that creating sustainable solutions for global challenges is a joint effort involving citizens and leaders who live in the countries where they work, partner organizations of all sizes and members of the […]
Read MoreThe joy of creating something out of nothing cannot be easily described. Even the process is rewarding, you watch your work grow and take shape until it’s something that you are proud of. Being a creative is also a labor of love given how erratic gigs where you are actually […]
Read MoreKnow who and how much you owe Make a list of your debts: include the creditor, total amount of the debt, monthly payment, and due date. You can use your credit report from your lenders to confirm the debts on your list. Refer to your debt list periodically, especially as […]
Read MoreTake control of your liabilities to shape the future of your business and sleep better at night. Let’s take a look at five debt management strategies to help you grow with confidence. Rework Your Business Budget Before diving in to attack your company’s debt, learn all you can about your […]
Read MoreTo build wealth and focus on important financial goals, you need to trim down and ultimately eliminate debt. These debt management tips will help you stay in control of your money. Developing the discipline and motivation to get out of debt will enable you to focus on becoming financially secure. […]
Read MoreKnow who you owe money to and how much If you are feeling overwhelmed by debt, one of the first steps you’ll need to take to organise your finances, is to determine exactly how much debt you owe, and to whom. Keep an up-to-date list of all your debts, including […]
Read MoreCredit Counseling is a highly regulated nonprofit service that has a high degree of accountability. Be sure the organization that you’re working with is licensed and regulated organizations, others are not. These nonprofit organizations should have free financial education programs available for you that are designed to educate you about […]
Read MoreBankruptcy should be the last option if you are drowning in debt and you should do everything you can to avoid it. However, sometimes your finances become out of control and bankruptcy is all you can do. In these scenarios, it’s time to let out one last sigh and begin […]
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