Mongolia Enterprise Fund
WM06-1516 | National Church
Although God has blessed Mongolia with rich mineral resources, the average citizen, including most of the members of Kingdom of Eternal Light Wesleyan Church, struggle financially. Approximately a third of the population lives below the poverty line, unemployment rates are high, and inflation is nearly 15%. KELWC pastors receive a monthly income of only about $150. These factors make entrepreneurial activity difficult for the average citizen even when they have great ideas, solid business plans, and the time to commit to an enterprise. The Mongolia Enterprise Fund was founded to help promote the establishment and growth of businesses by members of Kingdom of Eternal Light Wesleyan Church.