Microfinance Focus, January 3, 2012: MERAR, the Emerging Markets Investment Network is seeking investment for a start-up microfinance project in Swaziland, Africa. The proposed MFI will provide financial assistance to young entrepreneurs in the country to start up their own businesses.

The total required investment for the project is $3 million. The minimum investment limit is $100, 000 and the cash payback period for the project is 36 months.

The current unemployment rate in Swaziland is high at 46%. The project will target people who are not able to get financial assistance from financial institutions because they are considered unbankable.