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Help 50 South Africans Build Small Businesses

by One Global Economy
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Help 50 South Africans Build Small Businesses
Mar 4, 2014

227 people trained. 90% Created Business Plans!

Fast Food Entrepreneurs After Training
Fast Food Entrepreneurs After Training

OGE's South Africa Mobile Entrepreneur's Program is continuing to engage the Johannesburg townships of Heidelburg, Daveyton, Thokoza, and Orange Farm and Austerville in Durban with intensive entrepreneurship, financial literacy and technology educational workshops. Currently, OGE is delivering its 2nd round of workshops with a schedule of 8 week-long workshops through April. In addition to the communities listed above, OGE has established new partnerships with additional Siyafunda CTC community computer centers located in Ivory Park and Meyerton, Johannesburg as well as with the Lamontville Community Library in Durban to reach more communities with high demand and enthusiasm for entrepreneurial trainin

g. In January, OGE's South Africa Manager and MEP Trainer monitored the progress of the October Round 1 participants through virtual mentoring sessions and weekly text messages that provide information and tips, as well as check in on results. Out of the 126 participants, 1) 70% opened a bank account 2) 93% created a business plan 3) 20% increased their savings for business growth by 25% 4) 6% monitored bank accounts online and/or through SMS alerts 5) 15% accessed 10 government and/or private local services for education and/or financial support using the Internet 6) 10% increased profits by 20% 8) 7% increased new business opportunities by 15% 9) 8% established partnerships in a joint business venture, and 10) 25% found job opportunities online. So far this round, training has engaged 101 more participants.

Workshops have focused on business planning skills, communications in business, and sales pitch presentation skills as well as identifying community issues as opportunities to propose business solutions and increase local economic participation. A group of participants attended the training to further their business goals in running a small-scale farm for which they have just been granted land. Their focus is on driving sales among low-income earners to provide them with high quality and fresh produce. The group found the session on time and goal management very relevant to accomplishing their business vision. "The training has equipped us with the skills to plan properly and execute our plans,” said Bongani, one of the business owners.

Nthabiseng, Avelyna, Puseletso, Zandile, and Swazi, pictured, have decided to partner in a joint venture to open up a fast food business. “The training has given us an edge to pursue our dreams,” they said.

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Organization Information

One Global Economy

Location: Washington, DC - USA
Website:
Facebook: Facebook Page
Twitter: @oneGlobalEcon
One Global Economy
Alyssa Perez
Project Leader:
Alyssa Perez
San Francisco, California United States

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