Hopes and Mirages

 
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Help AAE support the development of even more young and women entrepreneurs!
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 On July 16th, 2014; Global Giving would be matching any donations made to AAE projects by 30% (a donation of $1,000 will receive a $300 match).

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Between 2012 and 2013, AAE acted as one of YEN’s Pipeline partner of the YEN , where our specific role was to help attract young entrepreneurs and e-coaches from around the world by sharing the opportunity to apply for the E-Coaching programme. During the program 65 young entrepreneurs were trained by 32 E-coaches through AAE’s collaboration.“ Read full reports

Microfinance loans allow borrowers without capital to access small amounts of money so that they can improve their lives.  In collaborating with Zidisha Inc, a peer-to-peer micro-lending service operating from USA, AAE has helped almost 200 entrepreneurs in Ghana obtain affordable micro-loans.

Member Support Volunteers (MSVs) provide support for local member entrepreneurs and co-ordinate development activities in a national territory. 10 AAE MSVs volunteers serve globally, offering a range of support services to young entrepreneurs"

AAE's Team won United Nations Volunteers (UNV) Online Volunteering Award in 2012 and 2013.  On both ocassions the jury agreed that AAE Volunteers set an outstanding example of the impact citizens can have on peace and sustainable development through volunteering their skills and time over the Internet. “ Learn more

Each year a global team of around 50 to 100 volunteers spend time undertaking research on the entrepreneurial environment in each country in Africa, and exploring arising threats and opportunities. The materials are published on the African entrepreneurs' association website and e-book, under a project titled "Hopes and Mirages", intended to serve as a guide for anyone who wish to embark on a business enterprise in the region.

The collaboration of the volunteers is a unique challenge. They work tirelessly in recording and verifying information, and then putting it across to readers in a way that would be both interesting and utility-oriented, and also add to the aesthetic values to the same. Not a mean task requiring, also, a daily supply of internet access and equipment at coordinating points.

Through awareness, this team has offered promise through entrepreneurship to combat poverty, through information to create universal education, and through business and entrepreneurship to create a global partnership.

The project is an outstanding example of the impact citizens can have on peace and sustainable development through volunteering their skills and time over the Internet.

Entrepreneurs in developing nations, face a difficult problem: With average microfinance interest rates upwards of 40% or more, the high cost of financial services for the poor keeps them from growing their earnings enough to improve their families' standards of living. Fortunately, borrowers in Ghana can heave a sigh of relief with the arrival of the Zidisha in Ghana. This brings onboard a global community of lenders who are supporting microfinance through social investments in an entrepreneur, and fighting poverty in that entrepreneur's family and community. Through a partnership with Zidisha, a peer-to-peer micro-lending service, a year long preparatory work involving a joint team comprising personnel from both organisations is complete. Borrowers can now start applying for loans start or expand a business and successful  applicants would have their loans disbursed through the Mobile Wallet platform of a local mobile network.

This year, 45 contributers helped write the Hopes & Mirages handbook and a collection of standalone articles relating to Entrepreneurship in Africa. Each year, AAE works with it's authoring team in presenting an updated outlook on the business environment in Africa as part of its Research and Publication Project. The result can be used as an effective tools of research, advocacy and awareness in furtherance of entrepreneurship.

The team spent time on undertaking research on the entrepreneurial environment in each country in Africa, and studied all the relevant economic indicators for each country. Each volunteer author wrote an article, and submitted the same to the editor, who then compiled, edited and designed the pieces to fit into a PDF book., and as standalone PDF downloads. The final products was proof-read and streamlined, and eventually published.

The handbook and articles function as a guide for anyone who wishes to embark upon a business enterprise in any part of Africa.

Each contribution has been immense and significant in making this venture successful. To have worked tirelessly in recording and verifying information, and then putting it across to readers in a way that would be both interesting and utility-oriented, and to have also added the aesthetic values to the same is not a mean task.

The project falls under the ambit of MDG 1, MDG 2 and MDG 8. Through awareness, this AAE is offering promise through entrepreneurship to combat poverty, through information to create universal education, and through business and entrepreneurship to create a global partnership.

Help keep the handbook free Donate $10

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Organization

Association of African Entrepreneurs
Association of African Entrepreneurs

Accra, Greater Accra Region, Ghana
http://www.aaeafrica.org

Project Leader

Cornelius Nartey

Mr.
Stadium Post, Accra Ghana

Where is this project located?

Map of Hopes and Mirages