Manuel lives in a remote village in Belize and creates small art pieces using traditional methods. He has organized similar artisans in a few other villages into a collective and wants to seek financing to expand. What funding source makes the most sense for Manuel

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03-12-2021
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Manuel lives in a remote village in Belize and creates small art pieces using traditional methods. He has organized similar artisans in a few other villages into a collective and wants to seek financing to expand. What funding source makes the most sense for Manuel

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Tundexi Tundexi · Answer 1 · 2021-12-07T09:47:02+01:00

The type of funding source that would makes the most sense for Manuel art business is an angel investor.

An angel investor is also known as private investor or seed investor.

Angel investor refers to a wealthy individual who provides financial backing for different entrepreneurs and small startups business, sometimes, in exchange for ownership equity in the company.

Hence, the type of funding source that would makes sense him is the angel investor because it will help him finance to expand his art business.