Apply to Join

Accelerate young Rwandan entrepreneurs

by African Entrepreneur Collective
Play Video
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs
Accelerate young Rwandan entrepreneurs

Summary

This project will enable African Entrepreneur Collective to support one cohort of 20 young entrepreneurs in Rwanda, and provide them with the tools they need to help them grow their businesses and create jobs for others. AEC's two-year business accelerator program offers support in the areas where entrepreneurs need it most: capacity building, mentorship, technical assistance, and access to flexible, low-cost capital. We expect these entrepreneurs will create 500 jobs for their communities.

$99,000
total goal
$8,973
remaining
177
donors
0
monthly donors
1
fundraiser
6
years

Challenge

While African economies are some of the fastest growing in the world, unemployment is widespread perpetuating cycles of poverty in families and communities across the continent. Unemployment disproportionately affects the 290 youth between 15-29 years old. At 42%, Rwanda has one of the continent's highest youth unemployment rate. AEC provides a solution to this unemployment. This project will help us identify and invest in 20 young entrepreneurs and empower them to create jobs for their country.

Solution

AEC offers young entrepreneurs a unique combination of support through our two-year business accelerator program. We offer formal and tailored capacity building services. We match each entrepreneur with a mentor who works inside the business for 3 months in Rwanda. Our technical staff build websites, design logos, and other branding materials. And we offer entrepreneurs $10,000 - $25,000 in direct capital through our flexible, low-cost loan fund.

Long-Term Impact

While African economies are some of the fastest growing in the world, unemployment is widespread perpetuating cycles of poverty in families and communities across the continent. Unemployment disproportionately affects the 290 youth between 15-29 years old. At 42%, Rwanda has one of the continent's highest youth unemployment rate. AEC provides a solution to this unemployment. This project will help us identify and invest in 20 young entrepreneurs and empower them to create jobs for their country.

Additional Documentation

This project has provided additional documentation in a PDF file (projdoc.pdf).

Resources

http:/​/​africanentrepreneurcollective.org

Organization Information

African Entrepreneur Collective

Location: Clinton, WA - USA
Website:
Facebook: Facebook Page
Twitter: @africalead
Project Leader:
Julienne Oyler
San Francisco, CA United States
$90,027 raised of $99,000 goal
 
184 donations
$8,973 to go
Donate Now
lock
Donating through GlobalGiving is safe, secure, and easy with many payment options to choose from. View other ways to donate

African Entrepreneur Collective has earned this recognition on GlobalGiving:
Add Project to Favorites

Help raise money!

Support this important cause by creating a personalized fundraising page.

Start a Fundraiser

Learn more about GlobalGiving

Teenage Science Students
Vetting +
Due Diligence

Snorkeler
Our
Impact

Woman Holding a Gift Card
Give
Gift Cards

Young Girl with a Bicycle
GlobalGiving
Guarantee

Sign up for the GlobalGiving Newsletter

WARNING: Javascript is currently disabled or is not available in your browser. GlobalGiving makes extensive use of Javascript and will not function properly with Javascript disabled. Please enable Javascript and refresh this page.