Working in rural African villages, Village Enterprise’s mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. Their model is simple and cost-effective.
The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital, training and on-going mentoring by a local business mentor. They organize the business groups into Business Savings Groups (BSGs) of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores and restaurants, tailoring, and beekeeping.
Village Enterprise has started over 39,000 businesses and trained over 156,000 East Africans.