Based on the situation above, describe and explain the Self Financing at Venture Capital that are applicable for the foundation. Why is this ideal to become the financial source of the foundation.

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The Strong Independent Nay/Tay Foundation was built upon the idea that being a solo parent is considered to be one of the most difficult jobs a person can do. From the name of the foundation itself, SNF is a microinsurance institution that aims to give assistance to independent parents who are struggling to raise a child. Solo parenting requires hard work, diligence, sacrifice, balancing their time, taking on both the roles of parenting and making sure that they are able to make their children live comfortably. With the increasing number of solo parents, especially single moms, who are continuing to work tirelessly to support their children on their own, it became a goal of the foundation to help them. The main objective of this microfinance institution is to help to the single moms with the services that the SNF provides such as: microinsurance, to cover for financial emergencies and educational fund; livelihood programs, for job opportunities; loans and savings, for long- and short-term support. The foundation strives to lend a hand with these services in order for the solo parents to acquire benefits and financial aid. Single moms in the Philippines commonly lacked in consultations regarding in handling both the child's development and the family's state as well. However, this foundation will invest in them to help them take on reasonably small business loans safely, and in a manner that is consistent with ethical lending practices. Strong Independent Nay- Tay not only provide services after the fact of lending, but rather consider clients' needs on the front end. Meeting clients' needs begins with an analysis of clients' economics. Access to credit, savings and insurance that will help smooth cash flows and avoid problems when accessing food, clothing, shelter, or education. This microfinance can make it easier to manage their times of difficulty such as the main earner in the household falling ill and being unable to work. For how the Strong Independent Nay/Tay Foundation operates, some microinsurance methodologies apply. These methodologies include the Individual Lending, where micro loans are given directly to the borrower and does not include the formation of groups, or generating peer pressures to ensure repayment; Cooperative, in which a financial institution that is owned and operated by its members and attempt to differentiate themselves by offering above-average services along with competitive rates in the areas of insurance, lending, and investment dealings. These methods and its system contribute to how the solo parents that the foundation aims to aid, be able to create or build small business using this they can lend, loan, and invest. The Strong Independent Nay/Tay Foundation was built upon the idea that being a solo parent is considered to be one of the most difficult jobs a person can do. From the name of the foundation itself, SNF is a microinsurance institution that aims to give assistance to independent parents who are struggling to raise a child. Solo parenting requires hard work, diligence, sacrifice, balancing their time, taking on both the roles of parenting and making sure that they are able to make their children live comfortably. With the increasing number of solo parents, especially single moms, who are continuing to work tirelessly to support their children on their own, it became a goal of the foundation to help them. The main objective of this microfinance institution is to help to the single moms with the services that the SNF provides such as: microinsurance, to cover for financial emergencies and educational fund; livelihood programs, for job opportunities; loans and savings, for long- and short-term support. The foundation strives to lend a hand with these services in order for the solo parents to acquire benefits and financial aid. Single moms in the Philippines commonly lacked in consultations regarding in handling both the child's development and the family's state as well. However, this foundation will invest in them to help them take on reasonably small business loans safely, and in a manner that is consistent with ethical lending practices. Strong Independent Nay- Tay not only provide services after the fact of lending, but rather consider clients' needs on the front end. Meeting clients' needs begins with an analysis of clients' economics. Access to credit, savings and insurance that will help smooth cash flows and avoid problems when accessing food, clothing, shelter, or education. This microfinance can make it easier to manage their times of difficulty such as the main earner in the household falling ill and being unable to work. For how the Strong Independent Nay/Tay Foundation operates, some microinsurance methodologies apply. These methodologies include the Individual Lending, where micro loans are given directly to the borrower and does not include the formation of groups, or generating peer pressures to ensure repayment; Cooperative, in which a financial institution that is owned and operated by its members and attempt to differentiate themselves by offering above-average services along with competitive rates in the areas of insurance, lending, and investment dealings. These methods and its system contribute to how the solo parents that the foundation aims to aid, be able to create or build small business using this they can lend, loan, and invest.

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1 Selffinancing is a means of supporting a business or project using personal resources or monies generated internally Selffinancing through venture c... View the full answer