Sometimes, all people need is a little head start, not a hand out.
In Africa, many people living below the bread line want to start a small business or expand an existing one, but financial resources are unavailable from banks and other traditional lending institutions because of a lack of collateral.
The program provides vital support to community members aiding local development through volunteers who have a strong understanding in business enterprises. African Volunteer Aid’s objectives in this program is to provide local communities members with the proper training to set up and run their local enterprises creating new local jobs and aiding them to break the cycle of poverty and hunger.
WHAT WILL YOU BE DOING?
Microbusiness consists of making small loans, of usually less than $200, to individuals to establish or expand a small, self-sustaining business. For example, a woman may borrow $200 to buy chickens so she can sell eggs. As the chickens multiply, she will have more eggs to sell, and eventually, she can sell the chickens. Each expansion pulls her further from the devastation of poverty.
Microbusiness has proven to be a successful practice and plays a major role in the development of many African nations. We utilize volunteers with requisite skills in capacity building to mentor, train and provide support through seminars and mentorship to assist the community giving them the opportunity to provide for themselves and their families without the need foreign aid assistance.
WHAT THE PROGRAM ACHIEVES
The main objective for Microbusiness Program is to assist beneficiaries in starting or expanding a business (Small Medium Enterprise), so that they can become self-sufficient. The long-term objective is for participants to expand their businesses and employ others as able.
These enterprises include craft market vendors, official tourist guides, juice pressers and fruit sellers, eco-camps, horticulture initiatives, small hotels and community associations.
We believe that the most important form of microfinance is giving targeted credit to primarily disadvantaged youth and women who are talented entrepreneurs. If those people gain access to credit, they will be able to expand their businesses, stimulate local economic growth, and hire their neighbours in need of employment, resulting in accelerated economic development. While this approach has had significant results in the developing world, it has failed to reach a desired number of disadvantaged individuals who still depend on a rural subsistence lifestyle and income.
Our Projected Outcomes;
– Self-sufficiency for talented youths and women entrepreneurs
– Breaking of the cycle of poverty
– Facilitation and encouragement of the entrepreneurial spirit in the quest for self-sufficiency
– Empowerment and self-sustenance
– Economic expansion and growth creating unlimited possibilities for all members of a community including, youth and women.
The microbusiness program is open to anyone with the necessary skills and tools need for being able to provide real support and advice. Finance and business management experience would be perfect, but there are also many life skills that are very helpful in this program. If you think this would suit you please contact us to help make a difference.
You will be given a manual that everyone uses from African Volunteer Aid to stay consistent and help you make the biggest difference possible.
Please contact us to check eligibility and find out how you can make a difference.