By Amanda Wiesler | Staff - GlobeMed at UChicago
We want to thank you so much for funding our microbusiness project! Your generous donation is supporting 17 former TB patients as they start their new businesses. It is a very exciting time for our partner, ASPAT Peru, whose staff have spent the last few months selecting and training the new small business owners. Now, the former patients are in the process of putting their business plans into practice.
Program Timeline:
June-August
September – November (training)
December – February
Description of Training
21 former patients were interviewed who fit the selection criteria who, after a social evaluation, were given training in entrepreneurial skills over the next few months. 17 people were trained in personal entrepreneurial characteristics and Business Management. In the first part of training, they identified the 10 Personal Characteristics of a successful business owner and strengthened their own entrepreneurial skills. In the second part, they revised and finalized a business idea and identified the environmental influences on their businesses. In the third part, they identified the basic elements of marketing, and they investigated the market and made a sales plan. Fourth, they determined the form and organization of production and the costs of their products or services. Fifth, the participants recognized the importance of cash flow to evaluate their investment options and the viability of their businesses. At the end of the workshop, they elaborated on their business plans to begin their businesses.
Implementation of Business Plans
ASPAT staff have undertaken eight field visits to evaluate the feasibility of implementing the businesses and the supplies necessary for their implementation and is in the process of visiting the rest of the business owners and granting them seed money.
Again, a warm thank-you to our donors! The participants were incredibly excited to have had this opportunity. This supplement to their incomes will go a long way towards counteracting the stigma of being a TB survivor, lifting them out of poverty, and creating new opportunities for them and their children.
This project is now completed, but we have a new project that provides breakfasts to TB patients in order to increase the success of treatment: Keep TB Patients Healthy, Strong, and on Treatment. The page has yet to go live, but keep an eye out for it in the coming weeks.
One last time, a great big thank you from GlobeMed, ASPAT, and the new business owners.
GlobeMed at the University of Chicago
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