Business micro loan program

Global Sisters is here to make business possible for all women.

Starting and scaling a business takes time and money, and we know how much of a barrier that can be for our Sisters. As a result, we have created the Micro Loan program.

A Global Sisters Micro Loan offers two options: one for starting your business and one for scaling your business.

Three reasons we’re proud of our loans.

They are PRODUCTIVE – these loans are used to move your business forward.
They are REGENERATIVE – when one loan is paid off, we have the funds available to help another Sister.
They are VALIDATING – if you receive a loan, that is proof that we believe in you and your business.

This loan is only available to our Sisters. If you are participating in Sister School, our Solo Mums programs or Financial Pathways, we’d love for you to apply.

Course details

Course materials

The not-so-small print?

The loans are for business purposes only. You must have an ABN to be eligible.
You must have a separate bank account, accessible only by you, for us to disburse your funds into.
You must be over 18.
You must be an Australian citizen

What we need:

100 points of ID (passport, drivers licence, Medicare card)
Business Model Canvas (Start Up Purse) or Business Plan (Growth Wallet)
A demonstrated ability to repay the loan (family budget or credit rating)
A list of current debts: loans, credit cards, family and friend loans, BNPL
An itemised list of what you intend to use the loan for
A financial model * showing your expected income and expenses for 6 – 12 months (depending on the loan type). This will also be used to show the impact the loan will have on your business.

* NB the thought of submitting a financial model put you off? We are here to support you! We run Money Meetups where I will go through the model in a group setting. You can ask questions or just watch, learn and work as we go.

The Micro Loan Process:

The Finance Specialist will review applications are they come in. She may seek further information regarding your application.

Once the application process is closed, the Loan Committee will meet to discuss all applications and determine who has been successful.

If you are unsuccessful this round, we will provide feedback and support. And do not worry – you are always welcome to reapply in the future.

This area is for Global Sisters members only.

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This page is to apply for Global Sisters Business Micro Loan program.

Global Sisters is in the process of developing a suite of Financial Pathways supports. In the meantime, we recommend checking out part of our Sister School program that focuses on business finances.

Money Matters – Part 5 of Sister School
For basic business finance support, we recommend Part 5 of Sister School focused on getting to know your business foundations.

Got questions? If you have any questions, email us at microloanprogram@globalsisters.org