Micro-Finance Projects
Small Business Setup - Pay-in-kind (PIK)
Pay-in-Kind (PIK) Program: Empowering Small Business Startups
Many hardworking and dignified individuals, including widows and struggling families, have the skills and determination to build a better future but lack the resources to start their own businesses. At Society to Empower People (STEP), we bridge this gap through our Pay-in-Kind (PIK) program, providing essential tools, equipment, and materials needed to launch small business startups.
Rather than offering cash, we directly supply the necessary resources based on each person's skills and business aspirations. Through a formal agreement, recipients receive support under specific terms, conditions, and a structured repayment plan with manageable monthly installments, ensuring long-term success and sustainability.
With the right support, we empower individuals to achieve financial independence and transform their lives.