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Grant recipients thrive in small businesses

Manasa Kalouniviti
Friday, December 01, 2017

FOURTEEN people from the Suva, Nasinu area, who had received the $1000 Micro Small Business Grant (MSBG) earlier this year, attended a financial literacy training (FLET) workshop at the National Centre for Small and Micro Enterprises Development (NCSMED) on Wednesday.

Out of the 14, four had existing small businesses before they received their grants and the rest were those who had just started or were in the process of starting their own small businesses.

Karalaini Rasauliwa, 53, of Namadi Heights who had started a canteen business with the $1000 grant she had received earlier this year was part of the training.

"I have already started my canteen business from home after receiving the Government grant early this year and the business is now running well.

"It is helping with my family needs apart from my business expenses but the training has really helped me a lot," Mrs Rasauliwa said.

She said a lot of times in business they just took the money and spent it but did not plan ahead on the business expenses, costing and other stuff which this training had clarified to them.

"I now know how to allocate the money I receive between business and personal expenses and most of all to maintain my profit," she said.

She thanked Government for giving the opportunity to the disadvantaged people to be able to look after their businesses and ultimately improve themselves.

Meanwhile, 37-year-old Ramendra Prasad of Tacirua had been operating a small motor vehicle repair garage at his home since 2009.

"I've been operating as a motor vehicle mechanic from home since I left my job in 2009.

"I was part of the last batch to receive my grant this year and it has helped me a lot in my business," he said.

He said when he started his business he always had problems with the lack of tools in his garage and this had sort of made him struggle in his business.

"With the $1000 Government grant I was able to buy all the tools and equipment I needed and now I can service my customers better," Mr Prasad said.

He said the business was helping with his children's education and he was able to look after his family.

"Government has really helped us with this grant; it's hard for somebody just to give you $1000 nowadays, let alone give you one serve food free," he said.

Mr Prasad said the NCSMED training and support services was good because the participants all came together and talked about their business problems and the training provided solutions.

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