Our first major setback

I just got of the phone with ALMI, a governmental organization that can assist companies with loans.
They take a higher interest rate than banks, but on the other hand you don't have to have the same type of security for the loan.
The setback is that they won't give us a loan, and if they won't give us a loan it will be much more difficult to finance our company. Far from impossible, but without doubt more difficult. Up until now everything feels like it has gone our way, so I suppose a setback was unavoidable.

Right now it doesn't feel to good, but I am convinced that we will have many, many more setbacks before we are ready to launch our website :)
I hope to find answers to a lot of the questions ALMI had during my time here in Kathmandu.

And we still plan to win the Venture Cup, and once we have done that we won't need to take a loan from ALMI =)

Now I'll go out try to get a feel for the city of Kathmandu.