Apply to Join

AEC is expanding to Tanzania!

by African Entrepreneur Collective
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!
AEC is expanding to Tanzania!

Summary

Since 2012, African Entrepreneur Collective has worked with nearly 200 entrepreneurs in Rwanda, providing them with training, mentorship, technical assistance and direct financing. To date, our entrepreneurs have created more than 700 jobs and are transforming their communities. Based on our success, we are expanding to Tanzania! Through a partnership with a local agency, we will work with 50 social entrepreneurs in the Kilimanjaro region to bring economic opportunities to their communities.

$35,000
total goal
$34,819
remaining
4
donors
0
monthly donors
4
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 290M youth between 15-29 years old. AEC provides a solution to this unemployment. This project will help us identify and invest in 50 young entrepreneurs and empower them to create jobs for their country.

Solution

AEC offers young entrepreneurs a unique combination of support through our one-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 2-3 months in-country. Our technical staff helps with branding, human resources, accounting and financial modeling. And we offer entrepreneurs $5,000 - $50,000 in direct capital through our flexible, low-cost loan fund.

Long-Term Impact

AEC believes that all problems on the African continent have solutions on the African continent. Our theory of change is that, when equipped with knowledge and resources, African youth will realize their entrepreneurial potential, expand their enterprises and create enough jobs to uplift their communities. This will result in local entrepreneurs powering sustainable, economic development in Africa. Specifically, we expect that these 50 entrepreneurs will create at least 750 jobs in 3 years.

Additional Documentation

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

Resources

http:/​/​africanentrepreneurcollective.org
website
facebook

Organization Information

African Entrepreneur Collective

Location: Clinton, WA - USA
Website:
Facebook: Facebook Page
Twitter: @africalead
Project Leader:
Julienne Oyler
San Francisco, CA United States
$181 raised of $35,000 goal
 
4 donations
$34,819 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.