Title: Interning Abroad in Business Micro Finance
1One of our most popular intern programs is the
business internship in microfinance in Guatemala.
Interns going into this field are usually from
the field of finance, business or IT, but this is
not limited to other related fields. INLEXCA
partners with various Micro finance organizations
that aim to help small entrepreneurs that are
unable to get loans from banks or traditional
sources. These small entrepreneurs not only get
a competitive loan that fits their needs but also
get important training, business intelligence
and follow-ups to make their efforts
sustainable. By interning abroad in Guatemala in
business you can help these small entrepreneurs
by making case studies of their businesses and
advising them on how to get the maximum return
out of their loan. Interns that are particularly
well qualified can help inside the organization
in the fields of automation, accounting, data
analysis, and strategy. Also micro finance
organizations help people who need a loan avoid
loan sharks or high rate loans which are far too
common in Central America.
Interns helping clients are tasked with -Basic
financial literacy training A lot of the clients
that request a loan have very vague knowledge of
how to keep a healthy business running in the
long term. Interns can train clients in tools
like
2balancing sheets, separating personal and
business funds, evaluating risks, etc.
-ROI Interns can help clients evaluate return on
investment with limited resources so they can
make the right choices as to where to which
aspects are more important to invest in.
-Marketing An area where clients are usually in
need of help is proper marketing techniques.
Interns can help business thrive with proper
marketing advise.
More experienced interns can also have the
opportunity to get involved with bigger
businesses taking out larger loans. If you have
business knowledge, I.T knowledge or marketing
experience the business intern program in
Guatemala is a great way to gain experience with
real clients and businesses.