Operational program grant request : $724,400 for the establishment of The National Development Foundation of Grenada

The NDF, as a private, non-profit entity, will: (1) deliver, through trained extension agents, business, accounting, and managerial TA to existing and promising microenterprises, especially those in the productive sector; and (2) use a revolving loan fund to provide credit to micro-enterpreneurs who are normally ineligible for bank funding. A Peace Corps Volunteer will assist in implementing the project. (Abstract based on proposal.)