Fund a Small Business Grant in Southern Africa

by Action Change (Formerly GVI Trust)
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa
Fund a Small Business Grant in Southern Africa

Introduction

Through our upskilling initiatives across Africa, we identify individuals with the potential to become successful entrepreneurs and provide them with the necessary support network to launch their own businesses. This support includes funding and mentoring. High unemployment rates and restrictions on foreign manufacturing limit income-generating opportunities. Without financial stability, gaining access to the initial funds needed to start a business can be challenging, if not impossible.

Inequality in access to opportunities to break the cycle of poverty persists, and income inequality continues to rise as few people have access to capital to start a business. To address this, we have introduced a women’s empowerment programme as part of our initiatives. This programme is specifically designed to support women in overcoming these challenges and achieving their entrepreneurial goals.

 

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Providing individuals with access to startup finance is a crucial step towards fostering community independence. This financial independence not only eliminates the need for external assistance but also enables them to afford education for their children, access healthcare, and participate in the broader economy.

Our initial support was extended to two local residents of a township who now successfully operate three food trucks and a restaurant. This initiative has also benefited 32 previously unemployed members of the neighbourhood.

In addition, we recently celebrated a significant milestone with the graduation of our women’s empowerment programme. However, to continue this momentum and support these ambitious women in their entrepreneurial journey, we need additional funds. Each woman requires at least $200 to purchase new materials for their businesses.

Your support can make a significant difference in these individuals’ lives and contribute to the overall upliftment of the community.

Thank you for your continued support.

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Support small businesses in Africa.
Support small businesses in Africa.

Introduction

We discover crucial individuals with the potential to be great entrepreneurs through our upskilling initiatives across Africa, and we give them the network of support they need to launch their own businesses through funding and mentoring. There are few options to make money due to high unemployment rates and restrictions on foreign manufacturing. Gaining access to the initial funds needed to launch a firm is challenging, if not impossible, without financial stability. Since few people have access to capital to launch a business, access to possibilities to break the cycle of poverty is unequal, and income inequality is continuing to rise.

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Giving individuals access to startup finance will hasten the independence of communities. They will no longer need outside assistance thanks to this, and they will also have the money to pay for their children's education, access healthcare, and engage in the larger economy. Our initial assistance went to two local residents of a township who now operate three food trucks, a restaurant, and 32 members of the neighbourhood who were all previously unemployed.

Thank you for your support.

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Introduction 

Through our up-skilling projects across Africa we identify key potential successful business people and provide the support network through mentoring and funding to setup their own business. High unemployment rates and sanctions for foreign manufacturing means that there are limited opportunities to earn an income. Without financial security, getting access to the initial loans to start a business is difficult, if not possible. With only a small number of people having credit to start an enterprise, the opportunities to be self-sufficient makes access to break the cycle of poverty unequal and income inequality continues to rise.

Report 

By giving people access to starting capital, communities will quickly become self-sufficient. This will not only ensure that they will not on foreign support but further have the funds to put their children through school, get access to healthcare services and participate in the greater economy. Our first support was to 2 local men living in a township that have now opened a restaurant, own 3 food trucks and employ 32 local community members that was all previously unemployed.

Thank you for your support

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Introduction 

With high unemployment rates and low foreign trade, people in Africa are heavily reliant on micro-businesses. Through our up-skilling projects across Africa we identify key potential successful business people and provide the support network through mentoring and funding to setup their own business.

Report 

Together with local NGOs and institutions, we identify entrepreneurs with a solid and sustainable business idea. After a selection process, each entrepreneur will get the capacity building required to be given the best opportunity for success. By giving people access to starting capital, communities will quickly become self-sufficient. This will not only ensure that they will not on foreign support but further have the funds to put their children through school, get access to healthcare services and participate in the greater economy. We have manage to raise $300 to support new businesses so far.

 

Thank you for your support

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Introduction 

Together with local NGOs and institutions, we identify entrepreneurs with a solid and sustainable business idea. After a selection process, each entrepreneur will get the capacity building required to be given the best opportunity for success. Once trained, they will be assisted with the initial products to be able to earn the money to continue the operations independently. Instead of a high-interest rate, the entrepreneur gets to do a donation to a future entrepreneur!.

Report 

By giving people access to starting capital, communities will quickly become self-sufficient. This will not only ensure that they will not on foreign support but further have the funds to put their children through school, get access to healthcare services and participate in the greater economy. Our first support was to 2 local men living in a township that have now opened a restaurant, own 3 food trucks and employ 32 local community members that was all previously unemployed.

Thank you for your support

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Organization Information

Action Change (Formerly GVI Trust)

Location: London - United Kingdom
Website:
Facebook: Facebook Page
Project Leader:
Tyrone Bennett
London , London United Kingdom
$998 raised of $25,000 goal
 
9 donations
$24,002 to go
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