Lending To Small Business Ventures

A healthy economy is a critical part of passing on a healthier New Zealand to the next generation. Based at LIFEWISE, the Employment Generation Fund has been making loans to business ventures since the early 1990's.

This independent charitable micro-finance fund was set up by Methodist churches in Auckland and Manukau to create jobs at a time of high unemployment.

The Fund assists small businesses which are unable to access finance from mainstream funders, making loans to ventures looking to start up, expand or which might be facing difficulties.

So far it's assisted more than 150 ventures, created over 340 full-time equivalent jobs and used the re-generating nature of the Fund to make loans of more than $1.7M.

Want to know more? Email microfinance@lifewise.org.nz to subscribe to the Generator, a regular newsletter featuring articles, case studies and news about micro-finance in New Zealand.

Managed by Phil Hickling the Fund is always keen to hear from people with a sound business idea but who need a loan to help it achieve its full potential. You can contact Phil through Lifewise's main office on 09 302 5390 or philh@lifewise.org.nz to discuss your venture and needs. You can download a Loan Application form here. If you think you qualify for a loan.

If you are a team from the Young Enterprise Scheme (YES) and applying for a loan under the Young Entrepreneur Loan Scheme (YELS) please use the Loan Application form here.