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Business class
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Definition
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Average loan
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Success Measurement
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Super-Micro Entrepreneurs
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Entrepreneurs requiring less than
$100
to grow their ventures. We offer support in
the form of coaching and revolving micro
credit. We monitor and report
entrepreneur’s business growth. Target recipients
are in rural African communities and are
often impoverished
women with children but men can also
qualify.
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$75
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Annual income of recipients increase by at least 20% as a result of
this intervention.
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Micro entrepreneurs
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Entrepreneurs and micro ventures requiring over
$100 and less than $500 to grow their ventures. We offer
support in the form of coaching
and micro credit. We monitor and report
entrepreneur’s economic growth over a
period of time. Target recipients are: artisans and
skilled individuals – carpenters, tailors,
barbers, mechanics, etc.
|
$250
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Entrepreneur's business is more stable and business
net value shows at least a 10% rise, or
their personal annual incomes increase by
20% as a result of this intervention.
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Small businesses
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Enterprises
& Entrepreneurs requiring over $500 and up to a
max of $2500 to expand their businesses and
hire at least one new staff. We will offer
coaching and micro credit and or grant;
monitor and report business’s economic
growth over a period of time. Target recipients
are: Small firms, artisans and skilled individuals
in the manufacturing or service sectors–
Furniture, Garment, transportation,
processing, internet services, computer
repairs, auto-mechanics, etc
|
$1500
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Small business shows business
and revenue
expansion by at least 5% and at least
one new fulltime job is created.
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Small Venture Capital
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Small
business Venture Capital (SVC) allows investors to
participate in equity ownership of a
business that is seeking funding to expand
operation and create more jobs. This program
is best suited for entrepreneurs who still
have great capacity to grow but are
not incentivised enough to take
out more business expansion loans. This
model allows outside investors to share the
risks and also reap the benefits of the
business with the entrepreneurs.
Minimum investment period is 2 years,
at the end of which investors get their
principal back plus the earning of dividend.
Typical
investor is a donor from a developed country
like Canada, advancing money to buy shares
in the enterprise and becoming part of the
poverty solution in Africa.
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$5000
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Business builds higher management or
technical capacity often by merging with other
entrepreneur or acquiring higher skills.
Business revenue
expands by at least 10% and at least
two new fulltime jobs are created. Increases
investor share value by at least 2% per
year.
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