Wednesday, February 29, 2012

So what exactly are you doing?


Let me try to explain a little about our project and what we are trying to achieve. 

One of the initiatives of the Navabharath Foundation (NBF) is to support the development of micro enterprises. These micro enterprises are typically made up of groups of 5 women from low income families who are seeking to improve their standard of living. For example, one of the groups we visited are making jewellery, which currently they are selling to their family and friends. However, in order to make it a sustainable business, they need to identify other ways in which they can provide their custom made jewellery to more customers. 

Our job is not to help this specific group, but to develop a framework in which similar micro enterprises will get the access they need to:
  1. Seeding finance (ie to buy the raw materials they need to make jewellery, breed fish, propagate plants, make handicrafts, etc)
  2. Technical skills training (ie education in jewellery making techniques)
  3. Mentors to assist them in management and marketing processes. 
NBF and partner organisations will incubate these micro enterprises by providing them the support they need to transform their business ideas into self sustaining micro enterprises. Our job is to develop an incubation model and supporting toolkits for NBF to use with these micro enterprises.

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